With 1b in sales amds mi300 ai chip is its fastest selling product ever – Breaking News & Latest Updates 2026
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Chip race: Microsoft, Meta, Google, and Nvidia battle it out for AI chip supremacy

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With $1B in sales, AMD’s MI300 AI chip is its fastest selling product ever.

AMD also says an AI PC refresh cycle will help PCs return to growth in 2024, and that 150 software vendors will be developing for AMD AI PCs by year’s end. The company’s top priority is ramping AI data center GPUs, though, which are “tight on supply.” New AI chips are coming “later this year into 2025,” too.

AMD’s Q1 2024 earnings summary.
AMD’s Q1 2024 earnings summary.
Image: AMD
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