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AMD CEO: AI chip market will exceed US$500 billion in 2028

According to online reports, AMD(AMD.O) CEO said,"Launch MI350 and MI355 chips; MI400 chips will be launched next year. The MI350 AI chip is faster than similar NVIDIA products. Launched the "VULCANO" chip for artificial intelligence networks. The company will launch an artificial intelligence server based on MI500 in 2027. In 2028, the AI chip market will exceed US$500 billion, and the inference chip market will grow faster. In the past year, the company has made 25 strategic investments in artificial intelligence-related companies. Musk's artificial intelligence startup xAI uses AMD's MI300 artificial intelligence chip."

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