AMD CEO Lisa Su Expects $1B In MI300 Sales: Microsoft, Meta, Oracle, Google, Amazon Placing Orders?
Portfolio Pulse from Surbhi Jain
AMD's CEO Lisa Su expects the company's new MI300 to drive significant revenues, with Data Center GPU revenue projected to reach $400 million in Q4 and exceed $2 billion in 2024. Major tech companies including Microsoft, Meta Platforms, Oracle, Google, and Amazon are likely to have placed orders for the MI300. However, supply chain issues and increased order volume could stress AMD's Q3 and lead to an oversupply in Q4. Meanwhile, Nvidia continues to capitalize on its near monopoly in generative AI-capable GPUs.
November 07, 2023 | 1:47 pm
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AMD's new MI300 is expected to drive significant revenues, but supply chain issues could lead to a stressed Q3 and oversupplied Q4.
The news about AMD's new MI300 and its potential to drive significant revenues is highly relevant and important for AMD. However, the supply chain issues and potential oversupply could negatively impact the company's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Nvidia continues to capitalize on its near monopoly in generative AI-capable GPUs.
The news about Nvidia's continued success in the AI-capable GPU market is relevant for the company and could positively impact its short-term performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50