AMD is becoming an AI chip company, just like Nvidia

Illustration by Alex Castro / The Verge AMD just announced its second quarter 2024 earnings today, and the highlight was this:nearly half the company’s sales are now data center products — not chips for personal computers, not game consoles, not embedded chips for industry or vehicles.The company’s data center business has doubled in a single year, and this quarter’s growth was primarily due to a single chip: the AMD Instinct MI300 accelerator, which competes with Nvidia&