Advanced Micro Devices (AMD) chief executive Lisa Su says the AI chip market is on track to explode in size, with demand already reshaping her company’s business.
In a Fox Business interview, Su says AI is the most important technology of the era, placing it at the center of AMD’s long-term strategy.
“AI is in incredible time right now. I’d like to say it’s the most transformational technology that we’ve seen in our lifetime. And we’re really at the very early stages of it.”
She says her business is in a solid position to witness growth amid surging demand for the company’s products.
“We believe that the AI infrastructure for silicon, which is our chips, will be over $500 billion over the next couple of years.”
Su also addresses skepticism from industry leaders, like OpenAI CEO Sam Altman, who warned that AI may be in a bubble.
“Compute is now the way we unlock intelligence for businesses. And from that standpoint, everybody wants more compute. We want to invest more.
So, I don’t think there’s anything that we would say is a bubble. I would actually say we see accelerating demand for AI. And this is an opportunity for partnership, which is so, so critical, because there’s no one company that can do it all.”
The AMD CEO concludes by saying AI is just in the first few years of a decade-long cycle.
“Every product that we make, every bit of electronics is going to have AI in them. And we as a company have been investing for the last 10 plus years in this technology. We make big, bold technology bets, and we’re just at the very, very early innings of AI. So I look at this as it’s actually a 10-year cycle. We’re two years into a 10-year cycle. We have amazing chips coming out. And more importantly, we have great partnerships to build that ecosystem. So this is an opportunity of a lifetime from our standpoint.”
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