AMD CEO Says the AI Market Is ‘Skyrocketing’

📆 9/5/2023 9:05 PM
📰 MarketWatch

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Lisa Su emphasized AMD is one of the few companies that offers a complete AI technology portfolio across chips and software.

The CEO of Advanced Micro Devices says demand for artificial intelligence semiconductors remains robust.

“First, second, and third priority are around AI, AI, AI,” she said. “Over the last thirty days, what we’ve seen is a continued acceleration of engagements” for AI in the data center. Su added that the market is “skyrocketing.”Su’s latest positive commentary is noteworthy. A month ago during an earnings call on Aug. 1 she said AI customer engagements had increased by more than seven times in the last quarter. A further improvement in interest would be sign the market hasn’t topped out yet.

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