News Summary

AMD CEO Lisa Su, speaking at WIRED’s Big Interview event in San Francisco, dismissed concerns regarding an AI industry bubble, stating these fears are overstated. Su emphasized that the demand for chips, particularly from companies like AMD, is set to rise as AI technologies evolve. Since becoming CEO in 2014, Su has significantly increased AMD’s market cap, now betting heavily on AI’s future needs for computing power and data centers. Despite challenges like data center construction and selling chips to China, AMD continues to forge significant deals, such as its contract with OpenAI to deploy 6 gigawatts of Instinct GPUs. Su remains focused on innovation and is optimistic about AI’s potential growth, insisting there’s no reason not to advance this technology.