AMD CEO dubs spending on AI a ‘gamble': but there's a caveat

Core Viewpoint - The CEO of Advanced Micro Devices Inc. (AMD), Lisa Su, acknowledges that the aggressive investment in artificial intelligence (AI) can be seen as a gamble, but she believes it is a calculated and necessary risk for the company [1] Group 1 - AMD is focusing on AI as a critical area for growth and innovation, indicating a strategic shift towards this technology [1] - The company views its spending on AI as a long-term investment that aligns with market trends and customer demands [1] - Lisa Su emphasizes that the investment in AI is not just a financial gamble but a strategic move to position AMD competitively in the tech industry [1]