AMD CEO Lisa Su predicts demand for AI chips may increase to $500 billion; says US is going to…

AMD CEO Lisa Su has said that the global demand for AI chips could rapidly increase to more than $500 billion in a few years. Speaking at an event hosted by the Hill and Valley Forum, Su said that the growth will be driven by infrastructure demands from companies such as Elon Musk’s xAI and Sam Altman’s OpenAI. “We’re imagining that just the accelerator market—so the chips for these AI large computing systems—will be like over $500 billion in a couple of years,” Su said.

Lisa Su further stated that scaling production alone won’t be enough. “You have to scale the entire ecosystem,” she said. “The US is going to be a huge piece of it.”