Story retraction and correction:

The original story we published was titled "The AI desktop PC isn't coming anytime soon, AMD says," but unfortunately the source for that story misrepresented what Justin Galton, AMD's Business Development Director, had said during a recent event.

Other people who were present in the room have confirmed to us that this quote from Justin is not accurate. The official word is that "AMD believes that AI will be important to all our products going forward."

An edited version of the original article follows below:

Generative AI and other machine learning algorithms are apparently the future of everything. Every single technology corporation has adopted the new AI mantra, and chipmakers are scrambling to embed some sort of AI acceleration logic into their products.

AI-based computer chips aren't a thing just yet, and they will not invade the market for quite some time. Justin Galton, worldwide Business Development director at AMD, said that the company isn't seeing a widespread need for AI-dedicated x86 chips except for "the top of the stack."

AMD was first to arrive on the AI market with the Ryzen 7040, a chip featuring a dedicated AI acceleration logic block, and Intel is betting everything on an AI-powered future with the Meteor Lake architecture and the upcoming Core Ultra SoC

The AMD representative stated that many buyers are still investing their money on affordable computers based on Ryzen 5000 and Ryzen 6000 CPUs, therefore the company has decided to extend technical and marketing support for those two processor families into early 2024. AMD is, of course, working on future CPU technology that will exploit the power of ML algorithms, but those products are scheduled to debut in 2024.

Many customers have now adopted a five-year refresh cycle, Galton said, so companies and consumers will likely start to think about getting a new "desktop AI PC" in the upcoming years. More "exciting" computer models and technologies are coming, AMD assured.

According to Galton, AMD now controls between 15 and 20% of the overall commercial PC market. AI or not, the company wants to break the 20% barrier by the end of 2024.