AMD's new Instinct AI GPUs will reportedly deliver between $10 billion and $12 billion of revenue in 2026 says Wall Street analysts.

The processors typically appear in sets of eight in the Instinct MI350 series platforms. AMD also provided platform performance, with the MI350X platform delivering 577 TFLOPS in FP64 and the MI355X scoring 628.8 TFLOPS. For FP4 performance, the MI350X provided 147.6 PFLOPS, while the MI355X platform provided 161 PFLOPS.

AMD’s latest press conference highlighted a family of new GPUs and software that target artificial-intelligence (AI) applications. These tools compete with NVIDIA and Intel as well as other AI-focused hardware vendors.

AMD confirms that it's new Instinct MI350 series AI accelerators use Samsung's latest HBM3E 12-Hi memory, with up to 288GB HBM3 inside of its new AI chips.

AMD receives positive ratings from Wall Street after Advancing AI event, with analysts reiterating Buy ratings and forecasting strong growth.

Built using 3nm technology and based on AMD’s CDNA 4 architecture, the MI350 series offers 288GB of HBM3E and 8Tbps of memory bandwidth. Seventy-two teraflops of FP64 is provided by the MI350X and 79 teraflops for the MI355X, with the GPUs' total board power (TBP) up to 1,000W and 1,400W, respectively.

AMD's Advancing AI event is currently underway and the company disclosed a multitude of details regarding the MI350 series and future AI accelerators.

Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, is announcing that both liquid-cooled and air-cooled GPU solutions will be available with the new AMD Instinct MI350 series GPUs,