AMD CEO: AI chip market will exceed $500 billion in 2028
2025-06-12 21:13:29
AMD (AMD. O) CEO said, "Introduced MI350 and MI355 chips; MI400 chip will be launched next year. The MI350 AI chip is faster than Nvidia congeneric products. Introduced" VULCANO "chip for artificial intelligence networks. The company will launch MI500-based artificial intelligence servers in 2027. The AI chip market will exceed $500 billion in 2028, and the reasoning chip market will grow faster. The company has made 25 strategic investments in artificial intelligence-related companies in the past year. Musk's artificial intelligence startup xAI uses AMD's MI300 artificial intelligence chip."
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