Nvidia CEO Jensen Huang announced plans for new artificial intelligence accelerator chips Sunday, with AMD's Lisa Su countering on Monday. Nvidia stock jumped while AMD stock fell Monday.
Huang, speaking at the eve of Taiwan's electronics showcase event, Computex 2024, said the Nvidia will roll out Blackwell Ultra chips in 2025 and a new Rubin platform for 2026.
On the fiscal Q1 2025 earnings call on May 22, Huang said Nvidia would design new chips annually. The chip giant had traditionally produced new platforms every two years: Ampere in 2020, Hopper in 2022 and Blackwell in 2024.
Huang on Sunday stressed that companies across a wide range of industries that don't embrace AI will be left behind. Only via AI chips can companies control the "computation inflation" of ever-expanding data needs.
"The more you buy, the more you save," Huang said. "This is CEO's math. It is not accurate but it is correct!"
Huang also touted AI tools to increase weather modeling and improve factory productivity.
AMD CEO Lisa Su And Other Chip Giants
AMD CEO Lisa Su, speaking at Computex, also gave an AI roadmap for the next two years. She said the MI325X accelerator for data centers will be available in the fourth quarter. The MI350, based on new architecture, will come out in 2025 with the MI400 for 2026.
In the near term, AMD's Su highlighted the chipmaker's latest AI mobile processors for AI PCs. The Ryzen AI 300 series will launch in July with hardware partners such as Lenovo and HP.
Su said the processors can outpace current offerings from Intel and Qualcomm, stressing they exceed Microsoft requirements for its Copilot+ PCs, its upcoming line of AI PCs.
Meanwhile, Qualcomm CEO Cristiano Amon tout its own new chips for Copilot+ PCs.
Microsoft is touting new Copilot+ PCs at Computex, with Qualcomm and AMD among the chip providers.
Rene Haas, chief executive of U.K. chip designer Arm Holdings, said it aims for 100 million Arm-driven devices to be AI ready by year-end.
Intel's chief executive is on deck Tuesday. The head of data center specialist Super Micro Computer will present on Wednesday.
Nvidia Stock And Other Chip Stocks
Nvidia stock climbed 4.9% to 1,150 on Monday, an all-time closing best. Shares rose 3% to 1,096.33 last week after surging 15.1% in the prior week. NVDA stock did pull back from a record 1,158.19 set intraday Thursday.
ARM stock jumped 5.5% to 127.12 after climbing 5.1% last week, reclaiming its 50-day line, but also paring gains. Investors could have used Tuesday's high of 125.98 as an early entry.
AMD stock lost 2% to 163.55%. Shares last week edged up 0.3%, holding the 50-day line. Tuesday's high of 174.55 could serve as an early entry.
Intel fell 1.8% to 30.29 Shares aren't far from a 52-week low.
Qualcomm gained 0.9% to 205.91 on Monday. Shares fell 3% last week, reversing lower from a record high.
Super Micro stock fell 1.8% to 770.59. Shares plunged 11.2% last week, tumbling from the 50-day line.
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