The article discusses AMD’s earnings report for the third quarter of 2024 and CEO Lisa Su’s comments on Nvidia’s dominance in the AI chip market. Su acknowledged Nvidia’s lead in AI chips but expressed confidence in AMD’s ability to catch up. She highlighted AMD’s investments in AI research and development, as well as plans to release new AI-focused chips in the coming years. The article also mentions AMD’s efforts to diversify its product portfolio beyond traditional CPUs and GPUs. Despite facing challenges from Nvidia and other competitors, Su remained optimistic about AMD’s long-term prospects in the rapidly growing AI market. She emphasized the importance of innovation and staying ahead of the curve in the highly competitive semiconductor industry.
Source: https://www.businessinsider.com/amd-earnings-q3-2024-ceo-lisa-su-nvidia-ai-chips-2024-10