AMD CEO Lisa Su has dismissed concerns that the artificial intelligence (AI) bubble is overblown, stating instead that her company sees huge potential in the technology. In an interview with WIRED, Su emphasized that AMD needs to be at the forefront of innovation in AI, and she believes that the next generation of models will only get better. She pointed out that AI is still in its infancy and that there's a lot of room for growth.
Su acknowledged that the tech industry is facing significant competition, particularly from Nvidia, but she remains confident that AMD can keep pace with innovation. The company has already made several big bets on AI data centers to power artificial intelligence, including a major deal with OpenAI. According to Su, what keeps her up at night is not competition from other companies, but rather the need for her company to move faster in terms of innovation.
Despite some challenges ahead, including building out data centers and getting its chips into customers' hands, AMD remains optimistic about its prospects in AI. Su's boldness has led to significant growth under her leadership, with the company's market cap increasing from $2 billion to $300 billion since she took the helm in 2014.
However, there are still hurdles to overcome, including navigating US export restrictions on certain chips and selling to China. AMD has agreed to pay a 15 percent tax on MI308 chips it plans to resume shipping to China due to the Trump administration's instituted taxes. The company also recently made a deal with OpenAI that effectively gave it a 10 percent stake in the company.
Overall, Su's comments suggest that she sees AI as a critical area for AMD's growth and is willing to take risks to capitalize on its potential. While challenges remain, her confidence in the technology's future trajectory suggests that AMD is well-positioned to benefit from the growing demand for AI solutions.
Su acknowledged that the tech industry is facing significant competition, particularly from Nvidia, but she remains confident that AMD can keep pace with innovation. The company has already made several big bets on AI data centers to power artificial intelligence, including a major deal with OpenAI. According to Su, what keeps her up at night is not competition from other companies, but rather the need for her company to move faster in terms of innovation.
Despite some challenges ahead, including building out data centers and getting its chips into customers' hands, AMD remains optimistic about its prospects in AI. Su's boldness has led to significant growth under her leadership, with the company's market cap increasing from $2 billion to $300 billion since she took the helm in 2014.
However, there are still hurdles to overcome, including navigating US export restrictions on certain chips and selling to China. AMD has agreed to pay a 15 percent tax on MI308 chips it plans to resume shipping to China due to the Trump administration's instituted taxes. The company also recently made a deal with OpenAI that effectively gave it a 10 percent stake in the company.
Overall, Su's comments suggest that she sees AI as a critical area for AMD's growth and is willing to take risks to capitalize on its potential. While challenges remain, her confidence in the technology's future trajectory suggests that AMD is well-positioned to benefit from the growing demand for AI solutions.
The only thing we have to fear is fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. - Franklin D. Roosevelt 
i mean im not surprised she thinks its a big deal but come on $300 billion market cap is insane 
anyone who thinks its an overblown bubble needs to get with the times lol AI has barely scratched the surface and its already changing the game 
i mean yes there are challenges ahead but su is right we need innovation and her company is taking some huge risks which could pay off big time 
i just wish more people would see this tech as revolutionary like she does 
i feel like she's been saying this stuff for ages now but still, it's inspiring to see her stance on innovation. i mean sure there are competition concerns w Nvidia and all but i think lisa su is right in thinking that the next gen models will only get better - AI is literally just starting out 
i mean i have my own projects to juggle and it's hard enough keeping up, let alone a whole company! still though AMD seems like they're taking some bold moves w that openai deal... 10% stake is no joke 
. Su knows what she's doing, been quietly crushing it since 2014 
. What keeps me up at night is how we're gonna deal with all the AI noise 
. Too many companies making big bets, it's hard to know who's really innovating 
. But Su seems to be on the right track 
. We'll see if AMD can keep its momentum going 
.
. But hey, if AMD thinks they can crack the code, good for 'em 
. And yeah, the whole competition thing with Nvidia is real 
. Competition from Nvidia is legit, but Su's got this 
.
. AMD needs to move faster and get its chips into customers' hands ASAP 
. Challenges ahead, I get it 
, but Su's confidence in AI is contagious 
. The future of this tech is bright 
, especially with the growth under her leadership 
. I'm sure it has nothing to do with her company's $300 billion market cap increase under her leadership since 2014 (that's a pretty big deal, btw). It's not like they've had some... "differences" with the Trump administration or anything 
. Anyway, I guess it's cool that she's willing to take risks on AI, but let's be real, who isn't these days? 
Like, sure, the company's doing alright now, but what if they don't deliver on their promises? 
And what about all these export restrictions and taxes? 
That doesn't sound like a recipe for success to me. 
Still, it's hard not to be optimistic when you're making deals with OpenAI and seeing that kind of growth under Su's leadership... 
... that's like, whoa! 
. Nvidia is definitely a competitor, but AMD has already made some big moves on the AI data center front 
. Anyway, the future of AI looks bright 
... and if Su's got a clue, we're in for some wild ride 
AMD CEO Lisa Su is soooo right on with the ai bubble thing... i mean like it's not overblown or anything! 
. That 15% tax on MI308 chips is a big deal 
. I reckon AMD's got this 
. Their market cap increase from $2b to $300b since Su took the helm in 2014 is straight fire 
.
. With Su's bold leadership and significant investments in AI research, I'm confident they'll stay ahead of the curve.
! AMD's AI data center business is poised to take off, and they're already making waves with their partnership with OpenAI. This is going to be a wild ride for AI stocks!
- she thinks we're just getting started with this tech, and that AMD needs to be at the forefront of innovation if they wanna stay competitive.
! We need to focus on more practical stuff, like renewable energy and sustainable living. AI is just a fancy way of saying "we can't think outside the box" 
.
. Of course, it won't be easy, but Su seems like she's on a roll 
! What worries me tho is those US export restrictions