Advanced Micro Devices (AMD) Chair and CEO Lisa Su sits down with Yahoo Finance executive editor Brian Sozzi to talk about the environment for AI chip manufacturers. The sector saw a shaky August as Nvidia (NVDA) and Broadcom (AVGO) both topped earnings estimates, but ultimately failed to wow Wall Street.
“I believe this is a market that will grow to $400 billion by 2027, which is huge. And it is an AI supercycle,” Su tells Yahoo Finance at the Goldman Sachs Communacopia & Technology Conference. “We’re making big bets now for the next five years. And the key is there’s no one-size fits-all in this technology race. It’s all about end-to-end AI.”
Su expands upon the performance of AMD’s latest hardware, calling the chipmaker’s MI300X GPU accelerator “the fastest growing product that we’ve ever seen at AMD” since its launch last year. She cites AMD’s “accelerated” AI roadmap as a catalyst for its product pipeline.
“When we look at how fast AI is moving and how fast the models are moving, we need to have the latest and greatest technology every year. So we actually are now on a one year cadence of new products. So later this year, we’re going to announce a new product, our MI325. Next year we’ll have an MI350 series, in 2026 an MI400 series. So you’re going to get to know AMD products really well.”
Su also touches on AMD’s M&A activity in the last several years as the industry attempts to expand the AI chip infrastructure in the United States.
When asked about the state of the US chip infrastructure, Su says the chip sector is “in a place where we must have geographic diversity” as both public and private investors push more capital into the space.
Catch more Yahoo Finance interviews and coverage from the Goldman Sachs Communacopia & Technology Conference.
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