Advanced Micro Devices CEO Lisa Su reiterated that the company is prepared to pay a 15% tax to the US government to ship its AI chips to China. Talking at an event hosted by Wired, AMD CEO talked about selling chips to China. She confirmed that AMD will pay a 15 percent tax instituted by…
NEW YORK (AP) — U.S. stocks drifted around their records in a mixed day of trading Wednesday. The S&P 500 added 0.1% and neared its all-time high set a couple weeks ago. The Dow Jones Industrial Average jumped 327 points, or 0.7%, to set a record for the second straight day, while the Nasdaq composite…
Advanced Micro Devices‘ CEO Lisa Su shut down concerns over Big Tech’s elevated spending during an interview with CNBC’s “Squawk Box” on Wednesday and said investing in more computing will accelerate the pace of innovation. “I don’t think it’s a big gamble,” she said. “I think it’s the right gamble.” Shares soared 10%. Many of…
AMD (AMD) says it expects to see its data center revenue increase 60% over the next three to five years, up from $16 billion in 2025, as the company pushes deeper into the AI space and works to steal share from rival Nvidia (NVDA). Shares surged over 8% in early trading Wednesday following the news….
Advanced Micro Devices (AMD) CEO Lisa Su says it’s time for the tech world to think bigger about artificial intelligence. “I would say that’s probably thinking too small,” Su told Yahoo Finance on Monday when asked about concerns that massive AI investments may be getting ahead of themselves. “You have to really look at what…
2025-08-23T10:01:01Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. OpenAI CEO Sam Altman…