Key facts
- AMD plans to substantially increase chip supply in 2027.
- CEO Lisa Su said the company needs additional advanced wafer capacity.
- AMD is working with supply chain partners, including TSMC and memory chipmakers.
- Su attended an AI summit where companies agreed to work with independent auditors on AI safety.
- AMD's market value recently topped $1 trillion.
AMD plans to substantially increase its chip supply in 2027 to meet the rapidly growing demand for artificial intelligence, according to CEO Lisa Su. The US chipmaker, a key competitor to Nvidia in the AI graphics processor market, has seen its market value surpass $1 trillion amid the AI-driven rally.
Su stated that AMD has been increasing its supply through 2026 and will significantly ramp it up in 2027. She indicated that a primary goal of her visit to Taiwan was to ensure AMD's supply chain partners, including Foxconn and Taiwan Semiconductor Manufacturing Co. (TSMC), could increase production of CPUs and GPUs. AMD is also collaborating with memory chip manufacturers like Samsung and SK Hynix to secure adequate supplies.
When asked about TSMC potentially investing in Texas, Su did not provide a direct answer but emphasized the company's need for additional advanced wafer capacity to satisfy strong demand projected for the next three to five years. Reuters previously reported that TSMC is considering an investment in Texas.
Su also commented on the broader implications of AI, describing it as potentially beneficial for the world but cautioning that companies must remain aware of risks and collaborate on AI safety. She highlighted the importance of coordination among leading technology firms as AI and superintelligence evolve, noting a recent AI summit hosted by US President Donald Trump as a significant step.