In a world where technology is rapidly evolving, AMD CEO Lisa Su believes there is no one-size-fits-all approach to computing. During an interview with CNBC’s Jim Cramer, Su stated that different applications require different types of computing power. This emphasizes AMD’s strategy to provide diverse solutions, directly challenging Nvidia’s dominance in the field.
Su highlighted that the semiconductor industry benefits from both competition and collaboration. She went on to discuss the future impact of artificial intelligence (AI), predicting that AI will become essential across various sectors, including business, education, and healthcare. Looking at the broader picture, she forecasted the AI accelerator market to reach a staggering $400 billion by 2027.
Su also discussed AMD’s commitment to the AI market, outlining its plans to release a new AI chip annually. This roadmap, starting with the MI325 later this year, will see the launch of the MI350 in 2025 and the MI400 in 2026. This aggressive strategy aims to challenge Nvidia’s strong position in AI chip technology.
While Nvidia’s early lead in the AI space has resulted in a market cap exceeding $2.9 trillion, AMD is making significant strides. AMD’s stock has risen 39.98% over the past year, while Nvidia has surged 161.90%. This underscores the competitive nature of the AI market, with both companies vying for a larger share.
This rivalry is only likely to intensify as AMD and Nvidia push the boundaries of AI technology. Su concluded by emphasizing the importance of patience with tech trends, reminding everyone that significant advancements often take years to fully unfold.
