On Thursday, AMD announced its new MI325X AI accelerator chip, which is set to roll out to data center customers in the fourth quarter of this year. At an event hosted in San Francisco, the company claimed the new chip offers "industry-leading" performance compared to Nvidia's current H200 GPUs, which are widely used in data centers to power AI applications such as ChatGPT. With its new chip, AMD hopes to narrow the performance gap with Nvidia in the AI processor market.