By Max A. Cherney

NEW YORK (Reuters) -Advanced Micro Devices is expected on Tuesday to outline the company’s plans for its artificial intelligence chip and systems businesses at a financial analyst day at the Nasdaq in New York.

The chip designer has been attempting to expand its AI business as rival Nvidia gobbles up market share for data center chips as the market explodes. AMD has been successful in the central processor (CPU) business, steadily taking share against Intel.

The company’s next-generation MI400 series of AI chips is set to launch in 2026 and include several variants designed for scientific applications and for generative AI. Along with the MI400 chips, AMD is also planning to launch a complete server rack, similar to a product Nvidia sells called the GB200 NVL72.

At AM

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