"A few months ago, we had our Financial Analyst Day. You know, we put out an ambitious financial model to grow, you know, sort of 35% CAGR over, you know, sort of the next, you know, 3, 4, 5-year period. I think as we look at the market dynamics, as we look at the product dynamics, I think we are, you know, very much on track to that and, you know, with an ambitious target of, you know, over $20 of earnings per share in that timeframe."

CEO · Lisa Su

"We were looking for a way to really, you know, turbocharge, you know, strategically, you know, deepen our relationship with Meta. That's what we announced a few weeks ago, really a 6 gigawatt long-term strategic partnership where we're actually doing a semi-custom GPU for Meta along with all of the rest of the work that we do with them on CPUs and other parts of the system. It was really a vertically integrated discussion in the sense that we started from the workload first and then worked through, you know, what is Meta trying to achieve with their workloads?"

CEO · Lisa Su

"If you talk to our top customers, they're like, 'Wow, you know, Lisa, the, like, the demand for CPU compute sitting along AI was perhaps something that was under-forecasted.' We are in the process of catching up. I think it's a great time. You know, it's a great time because, you know, one, we were already, from an AMD standpoint, expanding our workload coverage, and then two, you're seeing the customer demand really strengthen as well."

CEO · Lisa Su

"The tools are that good. I think the libraries are that good. Frankly, we're using AI extensively in that in that ecosystem building. When you go forward to MI450, you know, that's why this year is so exciting for us. It really is a huge step function in capability. It's something that we planned."

CEO · Lisa Su

"We definitely have enough CoWoS capacity. I know that, you know, there's lots of people trying to check various things. The best thing I can tell you is we have the capacity, we have the technology, we have, you know, the deep customer relationships, we have the data center, you know, providers have allocated space for it, so we have to execute that ramp. We've always said the ramp is second half weighted. Think about it, you know, a little bit in Q3, but really ramping sharply, as we get into Q4."

CEO · Lisa Su

"On the GPU side, it is still a little bit complicated. We were able to ship some MI308s last quarter, in the fourth quarter that we reported, and we talked about, you know, approximately $100 million this quarter. We're in the process of applying for licenses for the next generation of the MI325 chips. I think the Department of Commerce and the U.S. government are still going through the approval processes for that. It's very, very hard to predict, and for that reason we're not forecasting additional revenue going forward."

CEO · Lisa Su

"The key with how we've designed, you know, these warrants is they're very, very performance-based. In some sense, both companies are incented to help each other win. You know, we win when Meta's foundational models are super successful, and they need lots and lots of chips. We are motivated to give them the best infrastructure for their workloads. They're motivated to ensure that our ecosystem is as strong as it can be."

CEO · Lisa Su

"The impact that we're seeing is, you know, certainly the memory prices are affecting system prices. You see system prices going up. I will say that the enterprise demand on the data center side seems again, very durable. I am watching the impact on the PC market. You know, we would expect that there might be more, you know, sort of cost pressures, and as those cost pressures, they may change a little bit the PC market dynamics. We are expecting that in the second half of the year we may see a more muted, you know, part of the market just as memory prices are volatile."

CEO · Lisa Su

"Back to your comment about, you know, are there, is it supply tightness? Yes, there is supply tightness. That's really because the market sizing is bigger than what we had forecasted, you know, 3 or 6 months ago. It always takes time for the supply chain to catch up with what the market wants. I can say that, you know, we are very, very well positioned from a supply standpoint to meet a large percentage of that demand."

CEO · Lisa Su

"With Venice, like, every one of our large customers wants Venice the moment it comes out. That kinda gives you a sense of how good it is because if you have power to spend, you wanna spend your power on the best technology out there, you know, that's what Venice will be when it comes out."

CEO · Lisa Su