<div id="readability-page-1"><div><div>On Thursday, Advanced Micro Devices, Inc. AMD unveiled a new server, signaling a direct challenge to Nvidia Corporation's NVDA.What Happened: At a development conference called &#34;Advancing AI&#34; in San Jose, AMD CEO Lisa Su introduced the Helios AI server, set to launch in 2026.Each Helios unit will contain 72 MI400 chips, directly rivaling Nvidia's NVL72 system.The shift reflects a change in competition among AI chipmakers like Nvidia, moving beyond selling standalone chips to offering complete server systems containing dozens or even hundreds of processors, all integrated with networking components from the same vendor.&#34;The future of AI is not going to be built by any one company or in a closed ecosystem. It’s going to be shaped by open collaboration across the industry,&#34; Su said.AMD also said that Helios' networking standards would be openly shared with competitors like Intel Corporation INTC.OpenAI CEO Sam Altman joined Su onstage and said that ChatGPT would use AMD's MI450 chips, stating, &#34;Our infrastructure ramp-up over the last year, and what we’re looking at over the next year, have just been a crazy, crazy thing to watch.&#34;Executives from Meta Platforms Inc. META, xAI, and Oracle Corporation ORCL took the stage to highlight how they're leveraging AMD processors in their operations.Today's Best Finance DealsWhy It's Important: Last month, Bank of America analyst Vivek Arya maintained a Buy rating on AMD with a $130 price target, citing the company's gains in server and PC CPU market share, growing AI opportunities and multi-year contracts in the Middle East.While Nvidia and custom chips are expected to lead the AI accelerator market, Arya sees AMD capturing a 3–4% share of the $300–$400 billion market.He highlighted AMD's strategic acquisitions, software improvements and recognition from companies like Oracle and xAI. Arya also forecasted up to $6.6 billion in additional revenue across key segments by 2027.Price Action: AMD shares have declined 1.77% year-to-date and are down 25.89% over the past 12 months. On Thursday, the stock fell 2.18%, closing at $118.50, according to Benzinga Pro.Benzinga’s Edge Stock Rankings indicate AMD continues to show strong upward momentum in the short and medium term, but trends downward over the long term. Additional performance insights are available here.<ul> <li>Rocket Lab, AST SpaceMobile Shares Are Surging Monday: What's Fueling The Move?</li> </ul>Photo Courtesy: jamesonwu1972 On Shutterstock.com</div></div></div>

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AMD has launched the Helios AI server, challenging Nvidia's dominance in the AI chip market. The server, featuring 72 MI400 chips, will be available in 2026. CEO Lisa Su emphasized the importance of open collaboration in AI development. OpenAI's CEO confirmed that ChatGPT will utilize AMD's MI450 chips. Despite a recent decline in AMD's stock, analysts maintain a positive outlook, projecting significant revenue growth and market share gains in the AI sector.

- Advanced Micro Devices, Inc. (AMD) introduced the Helios AI server at the "Advancing AI" conference, aiming to compete with Nvidia's systems.  
- The Helios server will feature 72 MI400 chips and emphasizes open collaboration in AI development, with networking standards shared with competitors.  
- Bank of America analyst Vivek Arya maintains a Buy rating on AMD, projecting a 3–4% market share in the AI accelerator market and potential revenue growth of up to $6.6 billion by 2027.

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AMD Challenges Nvidia's AI Dominance With New Helios Server As OpenAI CEO Sam Altman Confirms ChatGPT Will Use Lisa Su-Led Tech Giant's Latest Chips: 'Future Of AI Is Not Going To Be Built By Any One Company'