AMD CEO: Chip Demand Will Remain 'Very High' for Coming Years

Advanced Micro Devices (AMD) CEO Dr. Lisa Su predicts that semiconductor demand will remain at 'very high' levels in the coming years, driven by growth in AI applications. Speaking to reporters in Taipei, Dr. Su noted that chip demand exceeds supply and that memory chip shortages persist. She stated that AI benefits the world and does not harm humanity. Dr. Su emphasized that collaboration among leading U.S. AI companies is crucial, adding, 'There is still a lot of work to do on safe innovation,' and 'Most importantly, we need to work together.' She described the U.S. 'Superintelligence Working Group' as 'an important step forward.' (Sina Finance)