AMD sees AI chip market exceeding $500 billion by 2028

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Advanced Micro Devices (AMD) Chief Executive Lisa Su has said that the chipmaker sees the artificial intelligence processor market topping $500 billion by 2028.

The Silicon Valley company said the market is likely to grow at over 60 per cent annually to exceed USD 500 billion, from being a $45 billion opportunity in 2023.

Addressing the company’s flagship Advancing AI 2025 conference here on Thursday, Su said the growth will be led by the inferencing work, which is a shift from training.

“What I can tell you based on everything that we see today is…



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AMD sees AI chip market exceeding $500 billion by 2028


Advanced Micro Devices (AMD) Chief Executive Lisa Su has said that the chipmaker sees the artificial intelligence processor market topping $500 billion by 2028.

The Silicon Valley company said the market is likely to grow at over 60 per cent annually to exceed USD 500 billion, from being a $45 billion opportunity in 2023.

Addressing the company’s flagship Advancing AI 2025 conference here on Thursday, Su said the growth will be led by the inferencing work, which is a shift from training.

“What I can tell you based on everything that we see today is…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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