AMD CEO Lisa Su Talks about Accelerators and Growth Outlook

🚀AI is the most important technology innovation in the last 50 years and has immense potential to transform businesses and personal productivity.

💰AMD's air capabilities have exceeded expectations, with customer interactions and product qualifications driving growth.

💹The ramp-up of AMD's my300 accelerators is the fastest in the company's history, leading to an updated forecast of $3.5 billion in sales for this year.

📈Supply is a crucial factor in meeting and exceeding demand, and AMD is planning for success by working closely with customers and the supply chain.

💻Both the PC and server markets have shown recovery and growth, with AMD's product portfolio positioned for significant success in these areas.

What makes AI such an important technology?

—AI has the potential to revolutionize businesses, personal productivity, and research. Its transformative capabilities make it the most important technology innovation in the past 50 years.

How has AMD's air capabilities performed?

—AMD's air capabilities have exceeded expectations. Strong customer interactions and product qualifications have contributed to the success of the my300 accelerators, leading to an updated sales forecast of $3.5 billion for this year.

What factors contribute to AMD's confidence in meeting demand?

—AMD's confidence in meeting demand is based on strong customer commitments and orders, as well as close collaboration with the supply chain. Planning for success and anticipating market growth are integral to their approach.

How has the PC market performed and what are the growth expectations?

—The PC market has shown recovery, with the second half of the year performing strongly. AMD expects the PC market to grow at a low single-digit rate in 2024, with ipxe presenting significant growth opportunities.

What is the outlook for the server market?

—The server market is expected to recover nicely, driven by data center refreshes and demand for AMD's products. AMD aims to grow significantly faster than the market, leveraging the strength of their product portfolio.

00:00Lisa Su discusses the growth outlook for accelerators and the confidence she has in the potential of AI technology.

01:23AMD's my300 accelerators have exceeded expectations, with customer interactions and product qualifications driving growth.

02:13AMD's fastest product ramp in history has led to an updated sales forecast of $3.5 billion for this year.

03:08Supply is a crucial factor in meeting and exceeding demand, and AMD is planning for success by working closely with customers and the supply chain.

05:42The PC market has shown recovery, with expectations of low single-digit growth in 2024 and significant opportunities in the ipxe segment.

06:31The server market is expected to recover nicely, driven by data center refreshes and demand for AMD's products.

06:59Lisa Su expresses optimism and confidence in AMD's capabilities and growth opportunities in various markets.

07:30Lisa Su's interview concludes, highlighting her excitement for AMD's prospects in 2024.