AMD this week increased its datacenter GPU sales guidance by $500 million to $4 billion as the number of customers interested in its latest Instinct MI300-series processors is increasing. $4 billion sales of GPUs for AI and HPC applications is a lot of money in general, but it is a tiny fraction of what Nvidia will earn on its H100, H200, and B200 products.
"[Instinct] MI300 demand continues to strengthen," said Lisa Su, chief executive of AMD, at the company's earnings call with financial analysts and investors (via SeekingAlpha). "Based on our expanding customer engagements, we netback data center GPU revenue to exceed $4 billion in 2024, up from the $3.5 billion we guided in January."
