AMD predicts AI chip market to surpass $500 billion by 2028
AMD just wrapped up its "Advancing AI 2025" event on June 12, 2025, where CEO Lisa Su shared big ambitions for artificial intelligence. She expects the AI chip market to top $500 billion by 2028, with new tech making AI even faster and smarter. The event also introduced some fresh hardware and tools for developers.
MI350 series GPUs and developer access program
AMD rolled out the MI350 Series GPUs, built to boost AI performance. They also announced a developer access program—so if you're building cool stuff with AI, you can tap into AMD's cloud services and open architecture. It's a move aimed at helping developers innovate more easily, contrasting with rivals like NVIDIA.
AMD Instinct accelerators already used by top AI companies
Seven of the world's top 10 AI companies—including names like Reliance Jio—are already using AMD Instinct Accelerators. Industry leaders like OpenAI CEO Sam Altman joined the conversation too, discussing AMD's growing influence in shaping the future of AI tech.