On July 23, AMD CEO Lisa Su stated at the Advancing AI 2026 conference that as the industry accelerates toward AGI, the growth rate of the AI chip market has far exceeded previous expectations. AMD previously forecasted that the AI chip market would reach $500 billion by 2028, but even that figure now appears overly conservative. Su expects the global AI chip market to grow to approximately $1.4 trillion by 2030, approaching the size of today’s entire semiconductor market. She believes that better models will drive increased usage, and greater usage will further fuel demand for computing power. Although AI chips will take on various forms in the future, due to the rapid evolution of algorithms and workloads, GPUs with greater programmability are expected to maintain the majority market share.
AMD CEO Predicts $1.4 Trillion AI Chip Market by 2030
MarsBitShare
Summary
AMD CEO Dr. Lisa Su told the Advancing AI 2026 conference on July 23 that the AI chip market will reach $1.4 trillion by 2030, up from a $500 billion forecast for 2028. She said improved AI models will drive demand, with GPUs leading due to their flexibility. Altcoins to watch may benefit from this growth, especially as the Fear & Greed Index reflects rising investor confidence in technology-driven sectors.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.