AMD CEO Lisa Su defends earnings results, says ‘what I would tell you from…’

Advanced Micro Devices (AMD) CEO Lisa Su on Wednesday (February 4) defended her company’s quarterly financial results by painting a positive picture even as investors wiped 16% off the chipmaker’s market value. Despite a fourth-quarter beat, AMD’s stock plummeted following a first-quarter forecast that many on Wall Street deemed “soft” in the context of the current AI growth.Speaking with CNBC, Su struck an optimistic tone, highlighting that the internal momentum of the business is far stronger than the current market reaction suggests. While replying to analysts’ question if AMD is keeping pace with industry leader Nvidia, Su insisted that the demand for AI compute is accelerating at an unprecedented rate.“What I would tell you from someone on the inside is AI is accelerating at a pace that I would not have imagined,” Su stated. She noted that in the last quarter, the company saw a significant “step up” in demand within its data centre business. Su highlighted the performance of AMD’s Central Processing Units (CPUs), describing their adoption for AI enterprise workloads as "going gangbusters."AMD projected revenue of $9.8 billion, plus or minus $300 million. While this figure actually edged out the consensus estimate of $9.38 billion, it failed to meet the expectations of analysts who viewed this as a weak outlook. AMD struck a bunch of high-profile “megadeals” in late 2025, including major infrastructure partnerships with OpenAI and Oracle. Su pointed toward the second half of 2026 as the true turning point for the company, keeping hopes of a surge around the launch of Helios, AMD’s new integrated server-scale AI system. The Helios system is designed to compete directly with integrated rack-scale solutions, offering a more streamlined way for enterprises to deploy massive AI clusters.