Advanced Micro Devices Inc. (NASDAQ:AMD) CEO Lisa Su highlighted the company’s AI hardware’s superior performance over NVIDIA Corp (NASDAQ:NVDA) and its potential to cut customer costs during the first quarter earnings call this year. What Happened: Su claimed that AMD’s MI300X GPUs offer better inferencing performance and significant total cost of ownership (TCO) advantages compared to Nvidia’s H100 GPUs. She also noted that the MI300X GPUs could deliver the same amount of compute with 45% fewer servers than the competition, potentially reducing initial capex by up to half and lowering annual opex by more than 40%. “Our partners are seeing very strong performance ...