AMD Introduces AI Chips for Business Laptops and Desktops

A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. (Reuters)
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. (Reuters)
TT

AMD Introduces AI Chips for Business Laptops and Desktops

A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. (Reuters)
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. (Reuters)

Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as the chip designer looks to expand its share of the lucrative "AI PC" market.

These chips are expected to be available in platforms from HP and Lenovo starting in the second quarter of 2024, AMD said in a press release.

AI-enabled PCs are capable of running large-language models and apps powered by the technology directly on the device, instead of the cloud.

AMD said its latest Ryzen PRO 8040 Series was built for "business laptops and mobile workstations" while its AMD Ryzen PRO 8000 Series was a desktop processor for business users.

Its shares were up more than 2% in early trading.

Experts have pinned a possible recovery in the PC market on the introduction of AI PCs, as consumers look to upgrade their systems with the new capabilities.

The advent of generative AI technology has led to towering demand for advanced semiconductors that can be used to develop and run complex AI programs.

In the market for AI PCs, AMD faces intense competition from Intel and AI chip front-runner Nvidia, hailed as a leader for graphics processing units (GPUs).

AMD introduced the Ryzen 8000G Series of desktop chips in January, targeted towards the heavy workloads that come along with AI-based tasks.

On the same day, Nvidia unveiled its own AI PC chips - the "GeForce RTX SUPER" desktop GPUs - saying Acer, ASUS, Dell Technologies, HP, Lenovo, and Samsung will release AI laptops featuring its technology.

Intel also said in January it expects to "ship approximately 40 million AI PCs in 2024 alone".



Tencent Finds New Hit in ‘Dungeon and Fighter’ Mobile Game After Dry Spell 

The Tencent Games logo is seen on its game on a mobile phone in this illustration picture taken March 19, 2024. (Reuters) 
The Tencent Games logo is seen on its game on a mobile phone in this illustration picture taken March 19, 2024. (Reuters) 
TT

Tencent Finds New Hit in ‘Dungeon and Fighter’ Mobile Game After Dry Spell 

The Tencent Games logo is seen on its game on a mobile phone in this illustration picture taken March 19, 2024. (Reuters) 
The Tencent Games logo is seen on its game on a mobile phone in this illustration picture taken March 19, 2024. (Reuters) 

Chinese internet giant Tencent Holdings' mobile game "Dungeon and Fighter" was the top-selling app on Apple's App Store in China this week, surpassing the company's existing flagship games after it spent years looking for a new marquee title.

The side-scrolling action game, developed by South Korea's Nexon and published by Tencent, became the top-selling app in China hours after it was launched on May 21 and it has stayed there since, according to app tracking platform Appmagic.

Tencent's "Honor of Kings" and "Peacekeeper Elites" have long been China's most popular games but they have recently shown signs of declining revenue as their popularity ebbed.

Globally, "Dungeon and Fighter" mobile ranked as the world's second top-selling app last week, only behind short video platform TikTok and ahead of Honor of Kings and YouTube, which came in third and fourth, according to Appmagic.

The video game is estimated to have earned more than $40 million in revenue on Apple devices after receiving over 2.4 million downloads, according to Appmagic.

Robin Zhu, senior analyst at Bernstein, said that Appmagic's number aligns with data recorded by another app tracking firm called Sensor Tower.

But he said that the game actually makes more money because the $40 million figure was only Tencent's and Nexon's cut, excluding Apple's share of the revenue.

"Gross billings-wise, the Sensor Tower data suggests you're looking at 1.2 to 1.5 billion yuan ($206.95 million) of receipts since launch," he said. Gross billing refers to the gross amount that users have spent on the game.

He said that "Dungeon and Fighter" mobile's strong performance is on track to meet Nexon's expectation of 3 billion yuan in gross billings during the game's first month of launch.

Officially named "Dungeon and Fighter: Origin", the game is a mobile adaptation of the "Dungeon and Fighter" computer game, one of the world's most profitable computer games which Tencent also publishes.

The game, under development for seven years, was released in South Korea in 2022 and became an instant hit. But its China release was delayed after the government cracked down on the gaming industry between 2018 and 2022.