AMD CEO Claims New AI Chips‍ Outperform⁤ Nvidia

⁤ Updated June 14, 2025

San Jose, Calif. – AMD CEO lisa Su ⁣stated Thursday that the company’s new AI chips offer superior ⁢performance and efficiency compared to those from market leader Nvidia.‍ Speaking at an AMD launch event, Su highlighted the⁣ MI350 chips, claiming they are up to ‍35 times faster than previous generations. The MI350 chips began shipping this month.

Su asserted that AMD’s MI355 chip provides “greater efficiency” than Nvidia’s B200 and GB200 chips. She added that the MI355X ⁤chip matches the performance ‍of Nvidia’s GB200, but at a ⁣lower cost. The high demand for AI chips has driven prices up, with some costing tens of thousands of dollars.

OpenAI CEO ‍Sam Altman appeared ⁣at the AMD event, announcing that his company will utilize ⁤the new AMD AI chips. “It’s going to be an amazing thing,” Altman said.

Su also noted that the MI355 chip processes 40% more tokens, the units of text AI models use, ‍than competing chips.”MI355⁣ can deliver up to‍ 40% more tokens per dollar⁣ than competing solutions,” she said.

Despite Su’s claims regarding efficiency, Nvidia currently holds the majority of the AI chip market.‍ IDC estimates ⁤Nvidia’s market share at 85.2%, while AMD holds 14.3%. Jon‍ Peddie ⁢Research reported⁤ Nvidia’s market share at 92% in the⁢ first quarter of 2025, compared to AMD’s 8%.

Nvidia’s revenue for the⁣ fiscal year ending Jan. 31 reached $130.5 billion, a 114% increase from ⁤the previous year.AMD’s revenue for 2024 was $25.8 billion, up 24% year-over-year. Nvidia’s market capitalization is $3.49 ⁣trillion, compared to AMD’s $190 billion.

What’s next

The competition in the AI chip⁢ market⁤ is expected to intensify as⁣ companies invest heavily ⁢in AI infrastructure. Both Nvidia and AMD are poised for continued growth as demand‍ for AI technology increases.