In the course of the third - quarter earnings conference call, Lisa Su, the CEO of AMD, gave an update on the progress of collaboration with OpenAI. She also disclosed that numerous clients are queuing up to pursue similar collaborative opportunities. It is projected that this collaboration will generate a staggering $100 billion in revenue for AMD.

AMD is actively immersed in discussions with potential clients. This proactive approach is aimed at reducing the risk associated with customer concentration. The company is whole - heartedly dedicated to the development of AI chips, exemplified by products like the Instinct MI450.

The production volume of the MI355 series has seen an uptick, and this upward growth trajectory is anticipated to persist until 2026. The MI450 is expected to make its market debut in the latter half of next year.

Moreover, AMD has secured an export license for the MI308 chip to China. Industry insiders are of the opinion that its performance is on par with that of NVIDIA's H20. AMD is stepping up its investments in the AI sector, with the aim of closing the gap with NVIDIA. The company's data center and AI businesses are slated to receive increased focus and resources.