AMD CEO Lisa Su Reveals Plans to Power AI Giants: ’Preparing for Multiple OpenAI-Scale Customers’
Lisa Su just dropped a bombshell—AMD's gearing up to fuel the next wave of AI behemoths.
The semiconductor titan isn't just betting on OpenAI. They're building infrastructure for an entire ecosystem of artificial intelligence heavyweights.
Su's revelation signals a seismic shift in the chip wars. While Nvidia's been printing money with AI GPUs, AMD's quietly assembling an arsenal to challenge their dominance. The play? Capture the exploding demand for alternative AI hardware solutions.
Wall Street's still obsessed with Nvidia's margins, but smart money knows—when AMD talks infrastructure, they're playing the long game. Just don't tell the hedge funds chasing quarterly hype cycles.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
According to the AMD CEO, the interest in its AI GPUs from other customers ensures “a broad customer base to mitigate concentration risk.” It could also be a massive boon to AMD stock, as the company’s shares underwent a huge rally after it announced the partnership to provide OpenAI with its AI GPUs.
News of growing interest in its AI chips is a big deal for AMD, as it has lagged behind rival GPU maker Nvidia (NVDA) in the sector. However, that could change with the launch of its next-generation chip, the Instinct MI450. This new AI GPU is set to be released sometime in 2026 and is expected to challenge Nvidia’s offerings.
AMD Stock Movement Today
AMD stock was down 2.64% on Friday but was still up 91.47% year-to-date. The shares have also increased 60.66% over the past 12 months. Investors will note that a significant portion of these gains is related to increased demand for AMD server components as a result of the AI boom.
It also bears mentioning that AMD has received a large number of analyst updates this week. This follows its latest earnings report.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 27 Buy and 10 Hold ratings over the past three months. With that comes an average AMD stock price target of $278.09, representing a potential 19.85% upside for the shares.
