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Lisa Su Reaffirms Commitment To Improving AMD ROCm Support, Engaging The Community
(www.phoronix.com)
this post was submitted on 20 Jun 2023
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AMD currently has a market cap of $191B in an environment of very high interest rates and AI/GPU computing is already an existential issue for them.
The most sensible thing to do would be to raise $10B in cash by issuing stock and take advantage of the current AI/tech bubble and invest all of that money in the ROCm libraries to catch up with CUDA because otherwise they are currently at least a decade behind CUDA.
But noooo, Lisa Su will do nothing because shareholders will otherwise be angry at her for the dilution, and she'll simply wait until the AI/tech bubble bursts and AMD loses more than $10B in market cap on its own.