AMD CEO Lisa Su has sent a reassuring message to investors and the tech community: AI is not a bubble waiting to burst. When asked about concerns surrounding an AI bubble during a recent interview, Su emphatically stated that, from her perspective, there's no reason to believe such a scenario exists.
Su's optimism may seem surprising given the market caps of AMD ($300 billion) and Nvidia ($4.4 trillion), two companies that are often pitted against each other in the AI chip market. However, Su is not concerned about competition from Nvidia or other giants like Google and Amazon, which are also making significant investments in AI-related chips.
Instead, Su's focus is on AMD's ability to innovate and move faster than its competitors when it comes to artificial intelligence technology. She believes that AI is still in its infancy and that her company needs to be ready to provide the necessary chips for future advancements.
Su's confidence is backed by AMD's recent partnerships with major AI companies like OpenAI, which has agreed to deploy 6 gigawatts of AMD's Instinct GPUs over several years. The deal includes a unique provision, in which OpenAI will buy 160 million shares of AMD's stock for just one cent per share, effectively giving it a 10% stake in the company.
While there are certainly challenges ahead, including building out data centers and getting chips into customers' hands, Su remains optimistic about AMD's prospects. By focusing on innovation and moving quickly to meet emerging demand, she believes her company can stay ahead of the competition and capitalize on the vast potential of AI technology.
Su's optimism may seem surprising given the market caps of AMD ($300 billion) and Nvidia ($4.4 trillion), two companies that are often pitted against each other in the AI chip market. However, Su is not concerned about competition from Nvidia or other giants like Google and Amazon, which are also making significant investments in AI-related chips.
Instead, Su's focus is on AMD's ability to innovate and move faster than its competitors when it comes to artificial intelligence technology. She believes that AI is still in its infancy and that her company needs to be ready to provide the necessary chips for future advancements.
Su's confidence is backed by AMD's recent partnerships with major AI companies like OpenAI, which has agreed to deploy 6 gigawatts of AMD's Instinct GPUs over several years. The deal includes a unique provision, in which OpenAI will buy 160 million shares of AMD's stock for just one cent per share, effectively giving it a 10% stake in the company.
While there are certainly challenges ahead, including building out data centers and getting chips into customers' hands, Su remains optimistic about AMD's prospects. By focusing on innovation and moving quickly to meet emerging demand, she believes her company can stay ahead of the competition and capitalize on the vast potential of AI technology.
I'm kinda surprised by Lisa Su's confidence in the AI bubble situation tbh... like, it's true that AMD is making some major moves with OpenAI, but what about the other giants? Nvidia and Google aren't exactly just sitting back and waiting for things to cool down. And let's not forget about the whole chip shortage thing - how's AMD gonna keep up with demand when it comes to AI tech? 
Still, Su's gotta be right or else she wouldn't be in her job, lol... guess we'll just have to wait and see how this all plays out!
. I'm a bit surprised Lisa Su isnt worried about Nvidia or Google though - doesnt that feel like a pretty big competitive threat? 
But maybe thats why shes trying to focus on innovation and get ahead of the game instead of just worrying about competitors 
. Meanwhile, we need to make sure these companies are doing right by us and not just about making a quick buck 
.
. I mean, 160 million shares for just one cent? That's a pretty sweet deal 
!
. She's already makin' moves with OpenAI, and that deal is gonna be a game-changer 
!
confidence in AI tech! 
From what I'm reading, it seems like she's not worried about Nvidia or those giants trying to steal her thunder... instead, she's all about 
innovation and moving super fast to keep up with the latest AI advancements. 
And let me tell you, that partnership with OpenAI is 
a deal! 6 gigawatts of GPUs? That's like a 
game-changer for AMD! 
With 160 million shares at one cent each... yeah, she's basically swimming in cash 
bloom! 
. i get why she'd want to downplay competition from big names like nvidia and google tho. their market caps are crazy 
.
. Seriously though, I'm glad she's not panicking about competition from Nvidia or Google - it's not like they're not busy making their own AI chip fortunes 
. Still, Su's confidence in AMD's innovation and quick response to demand gives me some hope that AI won't be the next bubble 
... unless, of course, someone starts using it to buy more shares at one cent each 
.
for believing in AMD's AI tech and taking risks on partnerships with major players like OpenAI 
? It's all about innovation and staying ahead of the curve, right? 
And let's be real, a 10% stake in AMD for just one cent per share is like, totally fire 
!
. That partnership with OpenAI for 6 gigawatts of GPUs? Game-changer 
️! They're not buying into a bubble, they're investing in AI progress 
. Of course, there are challenges ahead, but AMD has the potential to stay ahead of the competition 
I mean, come on, a 10% stake in AMD for just one cent per share? That's wild 
The tech world has been burned before by companies overhyping themselves and then tanking. It's always fun to see these big players making bold moves, but you can bet I'll be keeping a close eye on how this all plays out 
.
. It's like they're just giving them a free pass into the stock market... 10% stake and all for one cent per share? That's crazy talk! 
! She's like, totally owning the AI chip market and ain't worried 'bout what anyone else is doin'. And for real, AMD's recent partnership with OpenAI is like, a game-changer 
. Su's got this whole AI thing figured out and I'm here for it 
.
She gets it, AI is the future! 
That's like a dream come true for investors! 
Fast lane, here we come! 
. We'll see how this all plays out, and only time will tell if AI is here to stay 
! so yeah, I trust Lisa Su and AMD on this AI thing... they seem like they know what they're doing 
. And you know what? I kinda get where she's coming from.
. AMD has some major partnerships lined up and is working on its own tech - if anyone can keep up, it's them 
. Don't get me wrong, it'll be tough, but I'm hyped to see where AMD takes this 
. I mean, they're not gonna let the giants get ahead without a fight 
. Plus, $1 per share is insane for OpenAI buying that many shares - talk about a game-changer