AMD's CEO Lisa Su Highlights AI as the Defining Technology of the Half-Century

AMD's leader Lisa Su predicts that artificial intelligence (AI) will experience significant growth in the near future. At AMD, strategies are being formulated to ensure the company thrives as this technology evolves.

AI's Significant Impact

On a recent episode of CNBC's Closing Bell: Overtime, Su underscored AI's impact on the tech landscape. "AI is actually the most important technology that we've seen over the last 50 years, it’s arguably the most important," she claimed, highlighting its potential to revolutionize enterprises, research, and development. The critical need for increased computing power goes hand-in-hand with AI's capabilities, according to Su.

The Dawn of AI PCs

While AI technology is still in early stages, Su foresees rapid advancement in AI making it faster, more accessible, and more effective. There's a particular focus at AMD on expanding through cloud and edge computing partnerships, and on bringing AI to more users by incorporating it into personal computers.

Su expressed enthusiasm about introducing AI across various products, from cloud services to edge devices and PCs, to enhance user experience. She envisages AI becoming an integral part of our daily lives. With improved AI PCs, personal productivity could see substantial gains due to more advanced personal assistant capabilities. "As the technology gets better, I am absolutely sure that everyone is going to want an AI PC," Su projected.

Market Movements

Reflecting on the market, AMD saw a decline in share value, closing at $193.39, a drop of 4.34%, but this doesn't dampen Su's optimism for the future of AI and AMD's role in it.

AI, AMD, growth