For years AMD has been trying to grab a share of the datacenter GPU market from Nvidia. It hasn't had much success, largely due to poor software support for its Instinct GPUs. But it looks like the situation is improving and the company finally has its breakthrough product. At least, the chief executive of AMD believes that the upcoming Instinct MI300-series will be the company's fastest product to ramp to $1 billion sales.
"We now expect datacenter GPU revenue to be approximately $400 million in the fourth quarter and exceed $2 billion in 2024 as revenue ramps throughout the year," said Lisa Su, chief executive of AMD, at the company's earnings call with analysts and investors (via Motley Fool). "This growth would make MI300 the fastest product to ramp to $1 billion in sales in AMD history."
