<div id="readability-page-1"><div><div>Nvidia Corp's NVDA AI chip empire is built on H100s, which cost up to $40,000. It is the go-to for tech titans like Microsoft Corp MSFT and Meta Platforms Inc META. But with supply shortages and U.S. export bans choking sales to China, startups and sovereign AI dreamers in India and the UAE are increasingly turning to Advanced Micro Devices Inc AMD. AMD’s secret sauce lies in its cheaper alternative in the MI300 chips, and its open-source ROCm software.Track AMD’s stock trajectory here.Can AMD's open-source ROCm software topple Nvidia's iron grip and spark the next AI revolution?Read Also: AMD Stock Is Rising Ahead Of Earnings This Week: What’s Fueling The Momentum?<h2>AMD’s Budget Chips: More Pack For The Punch</h2>AMD's MI300X chip packs 192GB of memory—twice Nvidia's H100—perfect for building massive AI models. Priced at about $25,000 for the upcoming MI350X, it's a steal compared to Nvidia's wallet-busting chips. Indian startups coding AI for farmers or doctors, and UAE's bold Falcon AI project, can stretch their cash further. AMD's chips also save power, a win for data centers in steamy Dubai. While Nvidia's tangled in supply and trade-ban chaos, AMD's U.S.-focused hustle keeps it nimble, opening doors for scrappy innovators.<h2>AMD’s Open-Source ROCm: The Startup Spark</h2>AMD's ROCm software is the real magic, letting coders run AI anywhere, unlike Nvidia's clingy CUDA, which locks you in like a bad date. India's open-source coders and UAE's homegrown AI builders love this freedom. Microsoft is using ROCm with MI300X on Azure, raving about its low cost. Hugging Face runs numerous AI models on it as well. Nvidia's CUDA has more fans, and its chips link faster, but ROCm's open vibe is stealing hearts.AMD's affordable MI300X and ROCm's open-source spark could let startups and sovereigns challenge Nvidia's pricey empire. The gap with Nvidia is still massive, of course. But AMD doesn't need to be a clone—it just needs to be the alternative. And with export curbs hitting Nvidia's China business, AMD's more measured exposure could be an accidental advantage.The takeaway? AMD might not wear the AI crown—but it's found the secret sauce to get invited to the royal table.<ul> <li>Broadcom Supercharges AI Infrastructure With Next-Gen Chip</li> </ul>Photo: Shutterstock</div></div></div>

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AMD is positioning itself as a competitor to Nvidia in the AI chip market, offering its MI300 chips as a cheaper alternative to Nvidia's H100s, which are priced at up to $40,000. With supply shortages and export bans affecting Nvidia, AMD's MI300X chip, priced around $25,000, provides significant advantages for startups in India and the UAE. Additionally, AMD's open-source ROCm software allows greater flexibility for developers compared to Nvidia's CUDA. While AMD still trails Nvidia, its affordable offerings and innovative software could disrupt the market.

- Nvidia's H100 AI chips, priced up to $40,000, dominate the market but face supply shortages and U.S. export bans affecting sales to China.  
- In contrast, AMD offers a more affordable alternative with its MI300 chips and open-source ROCm software, appealing to startups in India and the UAE.  
- While AMD's market presence is growing, it still trails Nvidia significantly, yet its cost-effective solutions may provide a viable alternative in the evolving AI landscape.  

AMD Aims To Dethrone Nvidia In AI Race—Here's How