• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

AI Datacenters Warming Up to Instinct CDNA Causes AMD Stock to Hit Near Record High

btarunr

Editor & Senior Moderator
Staff member
Joined
Oct 9, 2007
Messages
47,290 (7.53/day)
Location
Hyderabad, India
System Name RBMK-1000
Processor AMD Ryzen 7 5700G
Motherboard ASUS ROG Strix B450-E Gaming
Cooling DeepCool Gammax L240 V2
Memory 2x 8GB G.Skill Sniper X
Video Card(s) Palit GeForce RTX 2080 SUPER GameRock
Storage Western Digital Black NVMe 512GB
Display(s) BenQ 1440p 60 Hz 27-inch
Case Corsair Carbide 100R
Audio Device(s) ASUS SupremeFX S1220A
Power Supply Cooler Master MWE Gold 650W
Mouse ASUS ROG Strix Impact
Keyboard Gamdias Hermes E2
Software Windows 11 Pro
With NVIDIA's Ampere and Hopper GPUs enjoying a domination in the AI acceleration industry, compute companies are turning to AMD's Instinct CDNA series accelerators to look for alternatives. It seems like they've found one. This has financial market analysts excited, causing the AMD company stock to hit near record highs. AMD recently launched the Instinct MI300X and MI300A processors based on the CDNA 3 architecture, which the company claims beat NVIDIA's H100 "Hopper" processors at competitive prices, which has encouraged analysts from major financial institutions, including Barclays, KeyBanc Capital, and Susquehanna Financial Group, to increase their price targets for the AMD stock. As of market closure at Jan 17, 7:59:56 PM UTC, the AMD stock stood at $160.17, near its November 2021 record high of $164.46.

AMD's data center business looks to ramp up Instinct CDNA accelerators through 2024. These large chiplet-based GPUs are based on the same 5 nm TSMC foundry nodes to NVIDIA's H100 "Hopper," and to maximize the use of its foundry allocation, it's been reported that AMD might even forego large gaming GPUs based on its Radeon RX RDNA4 architecture, to maximize its allocation for high-margin CDNA3 chips. The Instinct MI300X features a colossal 304 compute units worth 19,456 stream processors capable of AI-relevant math formats, and 192 GB of 8192-bit HBM3 memory, with 5.2 TB/s of memory bandwidth on tap.



View at TechPowerUp Main Site | Source
 
Joined
Sep 17, 2014
Messages
22,642 (6.05/day)
Location
The Washing Machine
System Name Tiny the White Yeti
Processor 7800X3D
Motherboard MSI MAG Mortar b650m wifi
Cooling CPU: Thermalright Peerless Assassin / Case: Phanteks T30-120 x3
Memory 32GB Corsair Vengeance 30CL6000
Video Card(s) ASRock RX7900XT Phantom Gaming
Storage Lexar NM790 4TB + Samsung 850 EVO 1TB + Samsung 980 1TB + Crucial BX100 250GB
Display(s) Gigabyte G34QWC (3440x1440)
Case Lian Li A3 mATX White
Audio Device(s) Harman Kardon AVR137 + 2.1
Power Supply EVGA Supernova G2 750W
Mouse Steelseries Aerox 5
Keyboard Lenovo Thinkpad Trackpoint II
VR HMD HD 420 - Green Edition ;)
Software W11 IoT Enterprise LTSC
Benchmark Scores Over 9000
This too, will pass.

Hopefully
 
Joined
Jun 29, 2023
Messages
567 (1.05/day)
Location
Spain
System Name Gungnir
Processor Ryzen 5 7600X
Motherboard ASUS TUF B650M-PLUS WIFI
Cooling Thermalright Peerless Assasin 120 SE Black
Memory 2x16GB DDR5 CL36 5600MHz
Video Card(s) XFX RX 6800XT Merc 319
Storage 1TB WD SN770 | 2TB WD Blue SATA III SSD
Display(s) 1440p 165Hz VA
Case Lian Li Lancool 215
Audio Device(s) Beyerdynamic DT 770 PRO 80Ohm
Power Supply EVGA SuperNOVA 750W 80 Plus Gold
Mouse Logitech G Pro Wireless
Keyboard Keychron V6
VR HMD The bane of my existence (Oculus Quest 2)
Well, I guess this means that AMD can compete in NVIDIA's home turf, hopefully they bring this experience back to the gaming front.
Aaaahhh who am I kidding, we are not going to see the rejuvenation of the gaming gpu scene
 
Joined
Aug 20, 2007
Messages
21,529 (3.40/day)
System Name Pioneer
Processor Ryzen R9 9950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage Intel 905p Optane 960GB boot, +2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps
Software Gentoo Linux x64 / Windows 11 Enterprise IoT 2024
This too, will pass.

Hopefully
AI maybe. Compute isn't going anywhere though, and gamers being number one in buying power hasn't been a thing for literal decades.
 
Joined
May 3, 2018
Messages
2,881 (1.19/day)
But but AMD missed the boat according to many on this site. No one one will touch Nvidia.
 
Top