AMD sees AI chip market exceeding $500 billion by 2028

The Silicon Valley company said the market is likely to grow at over 60 per cent annually to exceed USD 500 billion, from being a $45 billion opportunity in 2023.

Addressing the company’s flagship Advancing AI 2025 conference here on Thursday, Su said the growth will be led by the inferencing work, which is a shift from training.

“What I can tell you based on everything that we see today is…