AMD Don Release MI355 AI Chip Wey Get 35x Beta Boost, Dem Talk Say AI Market Go Pass $500B for 3 Years
AMD don release dia new MI355 AI accelerator chip wey e dey claim say e get 35 times beta performance pass dia past generation chips. Diaz CEO, Lisa Su, talk for one event for California say MI355 no just pass wetin AMD bin get before but e fit even compete with Nvidia B200 and GB200 chips for some AI work. The price of MI355 lower pass dem competitors so e wan help company them make AI infrastructure for cheap. Su also change dia mind about how big AI chip market fit reach. She talk say e fit pass $500 billion for three years finish, wey faster pass her old estimate for 2028. But even with all dis talks, AMD stock drop 2.2% after the event. For the future, Su talk say MI400 chip, wey dem build with OpenAI, go drop for 2026, but US export control still dey limit sales for China. AMD dey try make government free the restriction after dem secure one White House-approved deal with Saudi Arabia. Dis one show say AMD get big plans for AI and e fit make AI chip market competition tight well well, wey fit affect tech stocks and the bigger digital asset space.
Neutral
Wen AMD launch MI355 and dem big big AI market forecast show say competition and innovation for AI hardware sector dey increase, di market reaction for now na calm like how AMD stock drop show. For crypto traders, dis news mean say e get chance for future growth for AI-related digital assets and things wey fit affect tokens wey relate to AI development or chip manufacturing. For history, AI chip progress fit make tech tokens carry better mood, but price movement sabi dey small until say real adoption or market share increase clear. Export restriction still dey hold up things. Overall, di announcement important but e no immediately mean say crypto market go rise or fall.