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Analyst updates AMD stock price forecast ahead of AI event [Yahoo! Finance]
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"Completely wrong," the Advanced Micro Devices chief executive said during an interview with Time "Having lived in the technology business for the last couple of decades, every 10 years or so we see a major arc in technology, whether it was the beginning of the internet or the beginning of the PC or the beginning of mobile phones or the beginning of the cloud," she said. Su said AI is bigger than all those "in terms of how it can really impact our daily lives, our productivity, our business, our research —all of those things." "And we're at the very beginning of the cycle," she added. Su said that people who subscribe to the theory that AI is a bubble are thinking too narrowly as they look for a return on investment right now or over the next six months. AMD CEO sees AI arc over the next 5 years "I think you have to look at this technology arc for AI over the next five years, and how does it fundamentally change everything that we do?" she said. "And I really believe that
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