What to Expect from AMD’s Advancing AI Event: New MI355X GPU, Keynote Highlights, and Potential Big Tech Partners

What You Need To Know Ahead of AMD’s ‘Advancing AI’ Event Tomorrow

Advanced Micro Devices (AMD) is gearing up for its “Advancing AI” keynote this Thursday, where CEO Lisa Su and other executives will share updates on the company’s latest AI-focused chips. The event kicks off at 12:30 p.m. ET and is expected to provide valuable insights into AMD’s AI hardware roadmap.

Key Highlights Expected at the Event

Launch of the MI355X AI GPU: Citi analysts predict AMD will unveil the MI355X, an AI GPU that could feature more high-bandwidth memory and be priced lower than Nvidia’s B200 chip.
Updates on the MI400: AMD is likely to provide details on the upcoming MI400 model, expected to enter production in the second half of 2026.
New High-Profile Customers: There’s speculation that AMD might announce partnerships with major tech players like Amazon or OpenAI.

This event is an important moment for AMD as it continues to compete in the AI hardware market. Analysts from Citi have maintained a “neutral” rating on AMD stock but raised the price target from $100 to $120, reflecting cautious optimism.

Context on AMD’s Recent Performance

AMD recently reported quarterly results that surpassed Wall Street’s expectations, driven by strong sales in its data center segment. However, the company cautioned about a potential $800 million revenue impact this quarter due to tighter export restrictions on chip sales to China. This challenge aligns with similar issues faced by rivals like Nvidia, which took a $4.5 billion charge in its fiscal first quarter linked to export curbs.

For professionals in IT and development, AMD’s updates may influence hardware choices for AI workloads. Keeping an eye on the MI355X and MI400 specifications could help in planning future infrastructure investments.

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