Earlier that month, AMD launched its Instinct MI325X accelerators and Ryzen AI PRO 300 series processors, along with other leading-edge computing chips, at its Advancing AI conference. Like rival Nvidia (NVDA
-1.18%
), AMD is on “an annual cadence” with releasing new chips, Su said.

“The data center and AI represent significant growth opportunities for AMD, and we are building strong momentum for our EPYC and AMD Instinct processors across a growing set of customers,” Su said.