AMD’s CEO Claims Their New Chips ‘Match’ Nvidia’s at a Lower Price, and Even Sam Altman Is Excited: ‘An Amazing Thing’

Though Nvidia is the undisputed leader in AI chips, capturing over 80% of the market, AMD CEO Lisa Su says AMD’s latest chips are “outperforming” Nvidia’s with “greater efficiency.”

Su said at an AMD launch event on Thursday in San Jose, California, that AMD’s new MI350 chips are up to 35 times faster than previous generations, per Bloomberg. The MI350 chips began shipping out earlier this month.

Related: ‘The Decade of Autonomous Vehicles’: Nvidia CEO Predicts Major Growth in Robotics, Self-Driving Cars

When it comes to running AI programs, Su claims that AMD’s MI355 chip offers “greater efficiency” compared to Nvidia’s B200 and GB200 chips, which were released in 2024. She

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