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Benzinga
Benzinga
Business
Ananya Gairola

Lisa Su Says AI Chip Demand Could Top $500 Billion In Just A Few Years — Says US Must Rapidly Scale Manufacturing To Keep Up With Elon Musk, Sam Altman

Amd,Chairman,And,Ceo,Lisa,Su,Delivers,The,First,Ai

Advanced Micro Devices Inc. (NASDAQ:AMD) CEO Lisa Su has projected explosive growth in AI chip demand while warning that the U.S. must rapidly expand its manufacturing capacity to stay ahead in the global AI arms race.

What Happened: Speaking at an AI policy summit hosted by the Hill & Valley Forum and the "All-In" podcast on Wednesday, Su said AI chip demand could soar to more than $500 billion within a couple of years, driven by surging infrastructure needs from companies like Elon Musk's xAI and Sam Altman's OpenAI.

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