AMD (AMD) unveiled its new MI300 data center chip - an ultra-powerful AI accelerator years in the making. CEO Dr. Lisa Su joined Yahoo Finance's Brian Sozzi to discuss the complex processor and booming AI chip demand. Su highlighted the MI300's record 153 billion transistors, calling it the "most complex chip in the industry." With AI adoption surging, she says extremely robust GPUs like MI300 are essential for businesses, cloud platforms and researchers. Detailing steady progress over 5+ years, Su explains the MI300 chips is comprised of 12 stacked "chiplets," she explains each MI300 chip takes over 7 months to produce given intricate designs. With Microsoft (MSFT), Meta (META), Oracle (ORCL) and others lined up, showcasing "the ecosystem is hungry" for more advanced AI infrastructure. As AI becomes further embedded, Su emphasizes AMD's chips will help transform how businesses operate and people interact with technology. "It's not just a great product, cause great products come along all the time," Su tells Yahoo Finance, adding, "it's also a great product at the right time, solving the right problem for the industry." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Oracle (ORCL) announces the opening of an Oracle Cloud Region in Colombia in partnership with Claro.
Oracle today announced the opening of an Oracle Cloud Region in Colombia in partnership with Claro, becoming the first major cloud provider to establish a public cloud region in the country. Claro is one of the host partners for the new Oracle Cloud Bogotá Region, and through its partnership with Oracle it becomes the first telecommunications operator to offer Oracle Cloud Infrastructure (OCI) services to organizations across Colombia.