: AMD launches new Bergamo data-center CPU to go up against Nvidia, Intel
Advanced Micro Devices Inc. AMD officially launched its next-generation data-center central processing unit at its Data Center & AI Technology Premiere event in San Francisco on Tuesday. Shipping now, AMD’s fourth generation of Epyc data-center CPU, codenamed “Bergamo,” is intended to compete with Nvidia Corp.’s NVDA Grace Hopper data-center CPU. AMD claims the 128-core per socket CPUs excel at energy efficiency while using fewer servers. During her keynote, AMD Chair and Chief Executive Lisa Su said the chip delivered 1.8x performance per watt, compared with Intel Corp.’s INTC fourth-generation Xeon platinum CPU. AMD shares have declined 0.5% in recent trading, while the PHLX Semiconductor Index SOX has risen 1.5%, the S&P 500 SPX has risen 0.7%, and the tech-heavy Nasdaq Composite Index COMP has risen 0.7%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.