AMD is trying to make a dent in the AI graphics card market, but will it be able to eat into Nvidia's market share?

The question is, can this new chip help AMD become the next big AI winner? Read More: Earn up to $845 cash back this year just by changing how you pay at Costco! Learn more here.

AMD continues to make excellent progress on the hardware and software front for advancing AI. However, AMD’s performance claims are unrealistic since they again did not use Nvidia’s optimization software. Nonetheless, the MI325 is fast and boasts a huge amount of HBM3E (288GB).

Biden administration officials have discussed capping sales of advanced AI chips from Nvidia Corp. and other American companies on a country-specific basis, people familiar with the matter said.

Taiwan Semiconductor Manufacturing, also called TSMC, is the world's leading foundry, responsible for 62% of the world's semiconductors and an estimated 90% of the advanced processors used for AI. Any curbs on the sale of processors would trickle down to TSMC, crimping its revenue.

Semiconductor stocks took a sharp hit on the New York Stock Exchange, with Nvidia, a leader in AI chips, seeing a nearly 5% drop.