24/7 Cryptocurrency News

Computex 2024: AMD Unveils AI Chips Rivaling Nvidia, Partners HP, Asus, & Others

At the Computex 2024 tech expo, AMD's CEO Lisa Su unveiled a plethora of new AI chips, intensifying Nvidia rivalry. The firm partners HP, Asus and other developer firms.
Published by
Computex 2024: AMD Unveils AI Chips Rivaling Nvidia, Partners HP, Asus, & Others

Highlights

  • AMD unveils a stockpile of new chips at Computex 2024 Taipei.
  • Lisa Su, CEO at AMD, spotlights the company's collaborative efforts with other firms.
  • Will the development impact AI coins?

In a bid to boost optimism and cement foothold within the AI sector, AMD, the chip-making firm, has recently revealed a stockpile of AI chips at Computex 2024, a technology expo in Taipei. Further intensifying the firm’s rivalry with prominencies like Nvidia, the firm has advanced with a plethora of partnerships with entities like Asus, HP, and Lenovo, as revealed in the tech event. Here’s an in-depth report on the firm’s recent developments, which have, in turn, generated significant market optimism for the company’s AI endeavors.

Advertisement

AMD Unveils New Chips Supporting AI Development

During the Computex 2024 tech event, Lisa Su, CEO of AMD (Advanced Micro Devices), introduced a range of new chips that promise to revolutionize user experiences. The 3rd Gen AMD Ryzen AI Strix chip, in particular, stood out as the firm’s AI processor chip for Copilots and PCs. Additionally, the firm unveiled AMD Ryzen AI 9 HX 370 NPUs (Neural Processing Unit), setting a new benchmark in AI chip-making.

Meanwhile, Lisa Su stated that in addition to Microsoft, the company is working with leading developers like Adobe, Grammarly, GoPro, Nero, and Sony, among many others, to accelerate the adoption of AI-enabled PC apps. Regarding this, AMD has also partnered with HP, Lenovo, and Asus, offering its newest chips in the latest OmniBook, Yoga, and a series of Asus models.

Other chips, such as AMD Ryzen 9000 Series, AMD Ryzen 9 9950X, and Socket AM5, were also unveiled at the tech event. In the interim, the firm also offered a glimpse of its upcoming 5th Gen AMD EPYC Turin processor at the tech conference, sending tongues wagging across the AI industry.

Also Read: Bitcoin Price Breakout Bullish Pattern For $74000

Advertisement

Impact On AI Coins?

As the race to develop dedicated technologies that support AI heats up, significant market optimism is being kindled around recently emerged AI cryptocurrencies. This is primarily due to the rise in creation of more efficient and robust hardware (AI chips), a development that benefits both AI and AI-related crypto sectors.

Thus, AMD’s advancements have ripple effects beyond the AI chip-making industry, fostering optimism about the future of AI cryptocurrencies as well.

Also Read: Binance User Loses $1 Million Worth Crypto By Counter-Trading Via Plugin

Advertisement

Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News
  • Bitcoin News

Michael Saylor Credits Bitcoin for Strategy’s Outperformance Over ‘Mag 7’ Stocks

Michael Saylor has once again highlighted Bitcoin’s growing dominance. In a recent post, he showed…

September 14, 2025
  • 24/7 Cryptocurrency News

XRP Overtakes Shopify, Verizon, Citigroup in Market Value as Price Eyes $6

XRP has outperformed the market values of Shopify, Verizon, and Citigroup and established itself as…

September 14, 2025
  • 24/7 Cryptocurrency News

Altcoin Season Index Hits New High As ETH, SOL, DOGE, and XRP Rally

The crypto market has entered the altcoin season with the index jumping to 84. The…

September 14, 2025
  • 24/7 Cryptocurrency News

‘Huge Breakthrough,’ Peter Brandt Says as Dogecoin Reclaims $0.30 Ahead ETF Launch

Veteran trader Peter Brandt has given his take on the current Dogecoin rally, with the…

September 13, 2025
  • Bitcoin News

Bitcoin Bull Cycle Could Extend To 2026, Arthur Hayes Predicts

BitMEX co-founder Arthur Hayes has given his opinion on how long the Bitcoin bull cycle…

September 13, 2025
  • 24/7 Cryptocurrency News

CZ Urges Banks to Adopt BNB as Analyst Predicts $1,300 Price Target

Binance founder Changpeng Zhao urged banks to adopt BNB after the token’s valuation surpassed Union…

September 13, 2025