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 AMD reveals new AI chip challenging Nvidias dominance

AMD reveals new AI chip challenging Nvidias dominance


Published: 2023-06-14


1. AMD's new A.I. chip challenging Nvidia's dominance: AMD has announced a new processor,the 'Instinct MI100',which is specifically designed for data-heavy tasks in A.I. and machine learning. It is set to compete with Nvidia's A100,which is currently the market leader. The new chip comes with several major improvements,including high-bandwidth memory and significant performance gains over its predecessors. The Instinct MI100 has been designed to work with AMD's Infinity Fabric technology,giving it a significant edge in terms of power and efficiency.

2. Impact on the A.I. market: The launch of the new A.I. chip by AMD will create a major shift in the A.I. market. With its efficient and powerful design,it is expected to give Nvidia a tough competition and offers a serious alternative for companies looking to adopt A.I-based solutions. The Instinct MI100 has been designed specifically for the most demanding machine learning and deep learning workloads,where high-performance computing and a low-cost solution is in demand.

3. Future growth prospects for AMD: AMD's new A.I. chip challenges Nvidia's dominance and positions the company as a serious player in the A.I. chip-making market. This significant launch will likely have a positive impact on the company's financial results. It will help AMD increase its market share and revenue,which is essential for the company to maintain its growth in the long-term. This could also lead to more investments in research and development,which could lead to further technological advancements.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 66,118.79 2,939,012,636.49
2 ARS title=ARS 1,086.20 1,986,862,983.40
3 ETH title=ETH 2,997.33 1,148,920,684.33
4 SOL title=SOL 162.77 894,273,880.42
5 PEPE title=PEPE <0.01 653,171,612.72
6 WIF title=WIF 2.95 300,751,342.06
7 BOME title=BOME 0.01 298,059,096.73
8 DOGE title=DOGE 0.15 287,812,308.50
9 FLOKI title=FLOKI <0.01 247,624,284.87
10 PEOPLE title=PEOPLE 0.05 238,735,850.37
11 NEAR title=NEAR 8.13 222,798,477.07
12 XRP title=XRP 0.52 182,024,018.38
13 RNDR title=RNDR 10.36 171,131,579.09
14 ENA title=ENA 0.72 157,927,311.47
15 RUNE title=RUNE 6.53 152,880,400.64
16 FTM title=FTM 0.81 133,038,541.14
17 AEVO title=AEVO 0.84 132,402,515.42
18 BONK title=BONK <0.01 121,192,964.79
19 WLD title=WLD 4.93 120,521,262.04
20 JTO title=JTO 4.69 75,272,271.24
21 AVAX title=AVAX 34.52 72,724,064.81
22 AR title=AR 43.87 72,589,829.66
23 SUI title=SUI 1.03 66,831,943.52
24 ORDI title=ORDI 38.93 63,440,035.01
25 SEI title=SEI 0.56 58,788,956.92
26 OP title=OP 2.47 51,622,100.02
27 JUP title=JUP 1.17 50,400,831.30
28 ADA title=ADA 0.45 49,630,551.40

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Chromia title=CHR 0.34 +25.28
2 ConstitutionDAO title=PEOPLE 0.05 +23.91
3 Fantom title=FTM 0.81 +23.04
4 Jito title=JTO 4.69 +21.50
5 Sei title=SEI 0.56 +21.31
6 Immutable title=IMX 2.40 +17.72
7 BEAMX title=BEAMX 0.02 +16.08
8 Raydium title=RAY 1.75 +16.06
9 THORChain title=RUNE 6.53 +15.57
10 iExec RLC title=RLC 3.41 +14.89
11 Vanar Chain title=VANRY 0.19 +14.78
12 High title=HIGH 4.97 +14.16
13 Theta Fuel title=TFUEL 0.10 +14.10
14 Reserve Rights title=RSR <0.01 +14.06
15 TrueFi title=TRU 0.12 +13.71
16 Tensor title=TNSR 0.89 +13.61
17 NEAR Protocol title=NEAR 8.13 +13.17
18 Neutron title=NTRN 0.69 +13.08
19 BOOK OF MEME title=BOME 0.01 +12.91
20 SingularityNET title=AGIX 0.95 +12.64
21 GMX title=GMX 31.12 +12.43
22 Bittensor title=TAO 400.20 +12.42
23 Sui title=SUI 1.03 +12.41
24 Stafi title=FIS 0.50 +12.10
25 Solana title=SOL 162.77 +12.01
26 JasmyCoin title=JASMY 0.02 +12.00
27 Decred title=DCR 20.46 +11.99
28 0x Protocol title=ZRX 0.50 +11.90
29 Ocean Protocol title=OCEAN 0.96 +11.86
30 Numeraire title=NMR 27.37 +11.71

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Pepe title=PEPE <0.01 -5.73
2 FLOKI title=FLOKI <0.01 -5.67
3 CyberConnect title=CYBER 7.68 -4.67
4 Keep3rV1 title=KP3R 75.40 -3.49
5 Lido DAO title=LDO 1.58 -2.23
6 Starknet title=STRK 1.15 -1.03
7 dogwifhat title=WIF 2.95 -0.96
8 TRON title=TRX 0.12 -0.86
9 Bounce title=AUCTION 14.64 -0.75
10 IRISnet title=IRIS 0.02 -0.74
11 Beefy title=BIFI 347.20 -0.63
12 SafePal title=SFP 0.81 -0.50
13 MovieBloc title=MBL <0.01 -0.36
14 Pax Dollar title=USDP 1.00 -0.05

Bitcoin's Greed and Fear Index.

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70
Greed

Global CryptoCurrency News

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50 Crypto exchange OKX launches local regulated entity in Australia 2024-05-14

US news that has a significant impact on the market

at news day date time
1 Unemployment Claims Thursday 16-05-2024 13:30
2 Building Permits Thursday 16-05-2024 13:30
3 Philly Fed Manufacturing Index Thursday 16-05-2024 13:30
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8 FOMC Member Barr Speaks Thursday 16-05-2024 15:00
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11 FOMC Member Mester Speaks Thursday 16-05-2024 17:00
12 FOMC Member Bostic Speaks Thursday 16-05-2024 20:50
13 CB Leading Index m/m Friday 17-05-2024 15:00
14 FOMC Member Waller Speaks Friday 17-05-2024 15:15
15 FOMC Member Daly Speaks Friday 17-05-2024 17:15
16 FOMC Member Kugler Speaks Saturday 18-05-2024 22:45

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