The news: A week after Nvidia CEO Jensen Huang said that demand for the upcoming Blackwell AI server hardware “was insane,” rival AMD announced its competing Instinct MI325X would begin production before year’s end.

Nvidia, which has a dominant 80% market share in AI hardware, has driven demand and pricing of its Graphics Processing Units (GPUs) critical to AI deployment.
AMD’s MI325X could emerge as a viable substitute for Nvidia’s Blackwell. Meta, Microsoft, and OpenAI are all AMD customers, per CNBC.

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