AMD (Advanced Micro Devices) is anticipating a strong year-end finish, driven by the upcoming launch of its AI chips that will rival Nvidia’s semiconductors. The company’s flagship MI300 AI chips, set to be released later this year, have garnered significant customer interest, especially from top-tier cloud providers, large enterprises, and leading AI companies. While these chips are currently exceeding the performance limits for sale to China under export controls, AMD is considering options to comply with U.S. export controls while still exploring opportunities to cater to the Chinese market’s demand for AI solutions. Investors are optimistic that the MI300 chips will pose a competitive challenge to Nvidia in the flourishing market of advanced AI chips.