AMD Aims to Challenge Nvidia's Dominance in Fast-Growing AI Chip Market

AMD CEO Lisa Su sees an opportunity to grow the company's share in the expanding AI chip market, currently dominated by Nvidia.

AMD's acquisition of ATI gives it graphics processing capabilities to compete with Nvidia in AI training chips.

AMD may have an edge in the evolving AI inference market with its CPU strengths.

Su aims for AMD to capture a significant share across data centers, consumer devices, and other segments.

The AI chip market is forecasted to grow at a 50% compound annual rate over the next 5+ years to around $150 billion by 2027.