AI Chip & System Innovation - AMD unveiled MI355 AI chip, positioned as the best inference accelerator, offering 40% more tokens per dollar for more affordable AI [2][3] - AMD previewed its 2026 lineup and is on an annual cadence of new accelerators, focusing on rack-scale systems [4] - The MI355 offers three times the performance compared to the previous year, and the next-generation MI400 series is expected to deliver 10x improvements [11][12] Market & Competition - Seven out of the top 10 model builders and AI companies are using AMD products, including Meta, Oracle, OpenAI, XAI, and Tesla [5][6] - The AI market is projected to grow over 60% annually, reaching over $500 billion by 2028 [9] - AMD emphasizes deep co-development with partners, focusing on hardware, software, and systems integration [10] Strategy & Open Ecosystem - AMD completed the ZT Systems acquisition, adding 1,000 design engineers to help customers accelerate time-to-market with AI solutions [4][7] - Openness is a foundation of AMD's strategy, fostering innovation through an open ecosystem with thousands of developers [12][13]