AMD CEO Lisa Su Calls This Market Moment ‘Short-Sighted’ on AI Spending
AMD CEO Lisa Su dismissed AI spending fears, calling markets short-sighted and reaffirming long-term demand despite the chip sector’s selloff.
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CoreWeave and other data center stocks are trading lower Wednesday after Democrats won control of Congress in the midterm elections.
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AMD CEO Lisa Su dismissed AI spending fears, calling markets short-sighted and reaffirming long-term demand despite the chip sector’s selloff.
Following the recent semiconductor sell-off, the article compares AMD and TSMC as AI investment opportunities for 2027. While AMD competes directly in the AI chip market with strong growth (34% revenue increase), TSMC benefits from manufacturing chips for multiple industry leaders with superior profitability (45.1% margin). TSMC is recommended as the better buy due to its lower valuation (23.8x forward P/E vs AMD's 63.0x), stronger financial position, and broader exposure to the AI industry without dependence on a single chip designer.
Nvidia's forward P/E fell to 15.2x, below Kimberly-Clark's 15.5x. The AI chipmaker now trades cheaper than 22 of 33 consumer staples stocks.
Scout Clean Energy has brought its Nimbus Wind Farm in Arkansas online, with Microsoft serving as the primary offtaker through a power purchase agreement.