finance economics

JPMorgan Chase's profits in the third quarter declined due to $3.11 billion in provisions for bad debts offsetting the income from its investment banking sector

AMD's Dr. Lisa Su stated that the company does not consider using any advanced manufacturing processes other than TSMC, and she is very optimistic about the prospects of the Arizona plant

2024/10/11

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On the 10th, AMD held a product launch event where it announced that its latest AI chip, Instinct MI325X, will begin mass production by the end of the year. CEO Lisa Su mentioned that AMD currently has no plans to change suppliers for its advanced manufacturing processes and will continue its collaboration with TSMC. However, she hopes to diversify production locations, including leveraging TSMC's facility in Arizona.

According to reports from Bloomberg and Reuters, Su stated that AMD does not plan to use any semiconductor foundries other than TSMC for advanced manufacturing, with high-speed AI chips currently produced using advanced processes.

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Nevertheless, she emphasized that AMD seeks geographical diversification in its production bases and is exploring collaboration opportunities with TSMC at its new Arizona plant.

Su said, "We are eager to expand more capacity outside of Taiwan, and we are very proactive about utilizing TSMC's Arizona facility."

However, Su did not rule out the possibility of using processes from Samsung Electronics or Intel in the future and indicated that AMD remains open-minded.

In a Bloomberg TV interview, Su noted, "We are always watching the manufacturing landscape and are constantly thinking about how to build a more resilient supply chain.

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