msn Analyst updates AMD stock price forecast ahead of AI event

[UltraMega]

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Lisa Su has two words for people who think artificial intelligence is overhyped.

 

"Completely wrong," the Advanced Micro Devices  (AMD)  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.

 

Source

 

 

AMD AI event on October 10th. If I had to guess, we'll see a mini-version of what happened to Nvidia. Stock will rise significantly after they show off some new AI tech. Don't take my advice though, I'm just a dude with a keyboard. 

[Slaughtahouse]

There is truth somewhere buried under the mountain of speculation.

 

All I’ve learned is that humans love to speculate and are desperate to earn a quick buck. Whether the underpinning technology is useful or not is irrelevant. 

[UltraMega]