At CES 2026 in Las Vegas, AMD CEO Lisa Su dismissed talk of an AI bubble, saying the technology is here to stay and predicting that more than five billion people around the world will be using it within the next five years.
In a Bloomberg News interview, Su acknowledged the “doomsday predictions” surrounding AI but pushed back on the idea that it is overhyped. She pointed to millions of existing users and said adoption is expected to accelerate, making AI nearly ubiquitous by the beginning of the next decade.
Responding to concerns that AI could drive widespread unemployment, Su rejected the idea and pointed to AMD’s hiring efforts. She told CNBC the company is actively adding “lots of people” in multiple roles, with a focus on candidates who are “AI-forward.”
“The technology is not replacing people,” Su said, rejecting claims from critics that AI threatens jobs. She credited AI with meaningful productivity gains at AMD, accelerating product development and shortening launch cycles across engineering and marketing teams.
As AI workloads multiply, the hunger for powerful computing hardware has become relentless. NVIDIA has seized the lion’s share of the market, but AMD has quietly built momentum through strong growth in data centers and AI accelerators.
Su said demand for AI computing power could rise to 10 yottaflops in the coming years, calling it a massive opportunity for companies like AMD.
At CES, AMD supported its bullish outlook with several product announcements. The company unveiled its next-generation Instinct MI500-series AI accelerators for data centers, built on the new CDNA 6 architecture, and claims up to a 1,000-fold increase in compute performance over the MI300X introduced in 2023. The MI500 is targeted for a 2027 release, with the CDNA 5-based Instinct MI450 series scheduled for later this year.
AMD announced Ryzen AI 400 series processors for AI-powered laptops and compact desktops, alongside the Zen 5-based Ryzen 7 9850X3D for gamers.
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