10.05.2024 Upcoming Corporate Actions

Аватар на автора



AMD Unveils M1300X AI Chips

Your capital is at risk if you invest. You could lose all your investment. Please see the full risk warning here.

Advanced Micro Devices (AMD) hosted its highly anticipated data centre and artificial intelligence (AI) technology event on the 13 th of June. The event unveiled the long-awaited MI300 chip, a cutting-edge solution specifically designed to cater to AI workloads. AMD’s strategic objective is to gain a substantial market share in this segment, currently dominated by its primary competitor, NVIDIA.

The realm of artificial intelligence is witnessing intensified competition, not only among software companies vying for consumer attention but also among hardware giants positioning themselves for a potentially transformative multitrillion-dollar revolution in global data centres.

AMD’s announcement introduced the new MI300X graphics processing unit (GPU), strategically targeted towards AI and scientific computing applications. This GPU is positioned as a viable alternative to Nvidia’s H100, which is currently facing supply constraints due to the overwhelming demand for AI computing. AMD is diligently working towards sampling the MI300X in the upcoming quarter, with production set to ramp up in the fourth quarter.

The MI300X chip boasts an accelerator specifically designed to enhance processing speed for generative AI programs, such as ChatGPT and similar chatbots. The demand for microchips has experienced a significant surge since the onset of the pandemic, as companies and consumers increasingly rely on online platforms for learning, work, and shopping.

This announcement by AMD represents a challenge to Nvidia, which presently enjoys over 80% market share in AI chips. Nevertheless, Nvidia’s H100 has established a solid presence in data centres, posing a potential hurdle for AMD to overcome. Notably, Google Cloud recently unveiled the A3 supercomputer, incorporating over 26,000 Nvidia H100 GPUs, while Microsoft employs Nvidia GPUs to power BingGPT, its AI service integrated into its search engine. Oracle and Amazon also offer H100 GPUs through their respective cloud services.

GPUs serve as crucial components utilized by organizations like OpenAI to develop advanced AI programs like ChatGPT. Their parallel processing capabilities and optimization for efficient handling of vast amounts of data make them well-suited for tasks necessitating high-speed and effective graphical processing.

AMD emphasizes that its latest MI300X chip and CDNA architecture were purposefully developed to cater to the requirements of large language models and advanced AI applications. With a maximum memory capacity of 192 gigabytes, the MI300X surpasses competing chips such as Nvidia’s H100, which supports a maximum of 120 GB of memory.

Through its infinity architecture technology, AMD combines eight MI300X accelerators into a single system, mirroring similar integration efforts by Nvidia and Google, who integrate eight or more GPUs for AI applications.

Nvidia’s stock price has nearly doubled since the beginning of the year, largely due to the AI craze. The semiconductor company recently surpassed the remarkable milestone of $1 trillion in market capitalization, becoming the seventh U.S. company in history to achieve this feat. Nvidia currently dominates more than 80% of the GPU market for AI.

While AMD ranks as the second-largest player in the central processing unit (CPU) market globally, trailing Intel, the company unveiled the Instinct MI300X, a generative AI accelerator hailed as “the world’s most advanced GPU.” This move signifies AMD’s declaration of war against Nvidia, the reigning GPU market leader. Considering that approximately about 41 trillion of existing data centre infrastructure requires upgrading to support accelerated computing and AI workloads, it comes as no surprise that AMD seeks to seize a portion of this lucrative opportunity.

Notably, AMD holds a unique position as the only company capable of manufacturing high-performance CPUs and high-performance GPUs concurrently, setting it apart from its competitors.

A screenshot of a graph

Description automatically generated with low confidence

Source: Tradingview

After bottoming at $54.59 in October 2022 the share price rebounded strongly gaining almost 150% in the short span of eight months. The share price got a brief rise after the chipmaker unveiled details about its new artificial intelligence chip; however, the rally reversed quickly, and the price has been trading lower over the past four trading sessions.

A large inverse head and shoulders pattern has been confirmed in May 2023, suggesting that the down trend from the November 2021 high has bottomed in October 2022, and that a new primary up trend is underway. The recent breakout suggests that levels to $150.00 are achievable in the months ahead.

The Relative Strength Index (RSI) has improved significantly and has moved into its bull market range in May, also pointing to higher price levels over the medium-term. In the short-term, a pull back to $110.00 and potentially lower is likely as the RSI unwinds its strongly overbought momentum conditions.

Active traders looking for magnified exposure to oil may consider our +3x Long AMD and -1x Short AMD ETPs.

ETPs have revolutionized the way investors gain exposure to a variety of asset classes, making investing more accessible, affordable, and transparent. These investment vehicles offer several benefits that make them an attractive choice for investors.

Investing in ETPs has never been more accessible than it is today. Our ETFs are designed to provide investors with the opportunity to diversify their portfolios and gain exposure to a wide range of assets, all while minimizing risk.

In summary, our ETPs provide a unique investment opportunity for investors looking for diversification, leverage, and liquidity. Don’t miss out on the chance to grow your wealth and achieve your financial goals.

Websim is the retail division of Intermonte, the primary intermediary of the Italian stock exchange for institutional investors. Leverage Shares often features in its speculative analysis based on macros/fundamentals. However, the information is published in Italian. To provide better information for our non-Italian investors, we bring to you a quick translation of the analysis they present to Italian retail investors. To ensure rapid delivery, text in the charts will not be translated. The views expressed here are of Websim. Leverage Shares in no way endorses these views. If you are unsure about the suitability of an investment, please seek financial advice. View the original at

Your capital is at risk if you invest. You could lose all your investment. Please see the full risk warning here.

Share this:

Related Products:

Related Products:

Related Articles

Less about economics and earnings, more about discontent and rage
Less about economics and earnings, more about discontent and rage
Less about economics and earnings, more about discontent and rage

Required Information

Welcome to Leverage Shares

Terms and Conditions


If you are not classified as an institutional investor, you will be categorised as a private/retail investor. At this time, we cannot send communications directly to private/retail investors. You are welcome to view the contents of this website.

If you are an ‘Institutional investor’, you affirm either that you are a Per Se Professional Client, or that you wish to be treated as an Eligible Counterparty Client, both as defined under the Markets in Financial Instruments Directive, or an equivalent in a jurisdiction outside the European Economic Area.

Risk Warnings

The value of an investment in ETPs may go down as well as up and past performance is not a reliable indicator of future performance. Trading in ETPs may not be suitable for all types of investor as they carry a high degree of risk. You may lose all of your initial investment. Only speculate with money you can afford to lose. Changes in exchange rates may also cause your investment to go up or down in value. Tax laws may be subject to change. Please ensure that you fully understand the risks involved. If in any doubt, please seek independent financial advice. Investors should refer to the section entitled “Risk Factors” in the relevant prospectus for further details of these and other risks associated with an investment in the securities offered by the Issuer.

This website is provided for your general information only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any investment.

Nothing on this website is advice on the merits of any product or investment, nothing constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment decision. Prospective investors should obtain independent investment advice and inform themselves as to applicable legal requirements, exchange control regulations and taxes in their jurisdiction.

This website complies with the regulatory requirements of the United Kingdom. There may be laws in your country of nationality or residence or in the country from which you access this website which restrict the extent to which the website may be made available to you.

United States Visitors

The information provided on this site is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions.

Persons accessing this website in the European Economic Area

Access to this site is restricted to Non-U.S. Persons outside the United States within the meaning of Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”). Each person accessing this site, by so doing, acknowledges that: (1) it is not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside the U.S. (within the meaning of Regulation S under the Securities Act); and (2) any securities described herein (A) have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and (B) may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities. None of the funds on this website are registered under the United States Investment Advisers Act of 1940, as amended (the “Advisers Act”).

Exclusion of Liability

Certain documents made available on the website have been prepared and issued by persons other than Leverage Shares Management Company. This includes any Prospectus document. Leverage Shares Management Company is not responsible in any way for the content of any such document. Except in those cases, the information on the website has been given in good faith and every effort has been made to ensure its accuracy. Nevertheless, Leverage Shares Management Company shall not be responsible for loss occasioned as a result of reliance placed on any part of the website and it makes no guarantee as to the accuracy of any information or content on the website. The description of any ETP Security referred to in this website is a general one. The terms and conditions applicable to investors will be set out in the Prospectus, available on the website and should be read prior to making any investment.

Leverage Investment

Leverage Shares exchange-traded products (ETPs) provide leveraged exposure and are only suitable for experienced investors with knowledge of the risks and potential benefits of leveraged investment strategies.


Leverage Shares Management Company may collect data about your computer, including, where available, your IP address, operating system and browser type, for system administration and other similar purposes (click here for more information). These are statistical data about users’ browsing actions and patterns, and they do not identify any individual user of the website. This is achieved by the use of cookies. A cookie is a small file of letters and numbers that is put on your computer if you agree to accept it. By clicking ‘I agree’ below, you are consenting to the use of cookies as described here. These cookies allow you to be distinguished from other users of the website, which helps Leverage Shares Company provide you with a better experience when you browse the website and also allows the website to be improved from time to time. Please note that you can adjust your browser settings to delete or block cookies, but you may not be able to access parts of our website without them.

This website is maintained by Leverage Shares Management Company, which is a limited liability company and is incorporated in Ireland with registered offices at 2 Grand Canal Square, Grand Canal Harbour, Dublin 2. 

By clicking you agree to the Terms and Conditions displayed.