AMD CEO talks product pipeline in the 'AI super cycle'
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- Опубліковано 16 вер 2024
- 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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She's always so humble, yet incredibly brilliant. She's building a vertically integrated business with FAB partners, expanding not only into the U.S. but also across the globe!
Lisa Su is the real deal. Brilliant & passionate!
The stock is down year to date, what's great about her. NVDA is 121.03% after the crash. AMD needs a new CEO.
@@aerohkDisagree, with Intel in the dumps gives AMD more room to grow. Give it time.
@@aerohk Shareholders like the wise PhD from MIT, so do MIT grads.
@@brianbook9454 Stock doesn't lie. AMD is struggling not dip into the negative. I don't know what shareholders you are talking about, but their action speaks for itself via the stock price.
Sure. Give her a leather jacket and she's well on her way to be Jensen 2.0 😹
Lisa Su side-stepped the question regarding backlog. "Learning a ton on the software side", learning how to get products to market, acquisitions, investments, new products coming down the pipeline... all these costs in a period where investors are pounding the table demanding to see outstanding AI revenue, results and increasing market share. I want to hear her say customer demand is outstripping supply and customers making tons of profits from their installed MI300X base. Otherwise, it's all just smoke and mirrors.
During a gold rush, the people who make the most money are those selling the shovels.
Great kandy and engineer. Her cousin, Jensen, is pretty outstanding too.
This is just the best strategy ever. Thank you for helping us to join you on a master level :)
Putting the CEO of Intel and AMD together shows that their styles are completely different😊
She is so positive ❤❤
Forget NVDA... AMD is where money is now as its still undervalued. in 3 years the stock will be 5x
her best move is to make the GPU accelerated processing api cuda competible
Amd Is making me moneyyy
Is it a coincidence that the ceo of AMD has the perfect voice and tone for voiceover for LLM chatbot?
She is really good
Reminder: Lisa and Jensen are cousins... so genius runs in the family!
Really?? 😹
It's ture .Their family is all in Tainan, Taiwan🇹🇼
AMD is so smooked by its cousin Nvidea that Lisa is super excited.
All those fancy and powerful AI stuffs cannot make this video work smoothly. lol
The time to just say AI to get your stock pumping has been over
Why don’t they use ai and solve the debt crisis
AMD isn't designing tpu !!
my portfolio is 5 stocks. NVDA AMD ARM TSLA AVGO
Two out of 5 isn't bad.
Lmao 🤣
You may as well exchange/trade TSLA for GME.
TSLA has become uninvestable IMO, the way Elon has been acting for the past couple of years.
My portfolio has thousands of stocks. There's so many, I can't keep track of them. They're all mixed up in mutual funds and ETFs.
She looks like the feminine version of Jensen Huang
Pride of tomboys
But seriously, your trading skills are on another level! ��