April 16 Reuters Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligenceenabled 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.

AIenabled PCs are capable of running largelanguage 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 frontrunner 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 AIbased 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…