Copyright Wccftech
AMD has announced in its Q3 earnings call that the firm has received export approval for its Instinct MI308 AI chips, which are known to be a competitive alternative to the H20 AI chips. AMD's Instinct MI308 AI Chips Are Heading to China, While NVIDIA's H20 Remains Deprived While NVIDIA remains in a deadlock over whether its Blackwell AI chips will be approved for China, AMD has revealed in its earnings call that it has 'certainty' about the solution to offer for the Chinese AI market, and it is the Instinct MI308 AI chip. AMD's CEO Lisa Su revealed in the Q3 call that the firm has received licenses to export some of the MI308 AI chips; however, it appears that the firm won't be including the revenue from China in the Q4 guidance. Sure, Joe. So look, it's still a pretty dynamic situation with MI308. So that's the reason that we did not include any MI308 revenue in the Q4 guide. We have received some licenses for MI308, so we're appreciative of the administration supporting some licenses for MI308. We're still working with our customers on the demand environment and sort of what the overall opportunity is. The specifications of the Instinct MI308 aren't yet confirmed; however, based on the information available to us, they are likely to be similar to NVIDIA's H20 AI accelerators, considering that they comply with US export controls. However, the main reason is that this is a progressive development for AMD, as NVIDIA is currently excluded from the Chinese AI market, and the firm has experienced delays in obtaining H20 export licenses. To top it off, NVIDIA is also seeing hostility from Chinese authorities in the adoption of its tech stack, which puts AMD at a 'slim' edge in China's AI markets. AMD isn't including MI308 sales in its Q4 revenue guidance, suggesting that uncertainty remains regarding the future of the Chinese market. With Beijing focusing entirely on domestic solutions, both NVIDIA and AMD are currently in the backseat, unless a breakthrough occurs, which isn't expected anytime soon.
