We're only in year two of a "massive ten-year cycle" of rapid AI advancements and infrastructure build-out, AMD CEO Lisa Su said Wednesday at the Axios AI+ Summit in Washington, D.C.

Why it matters: The enormous investments being poured into data centers, chip development, and AI models are reorienting the U.S. economy, pumping up Wall Street valuations and gobbling up huge amounts of energy. • Su expects a lot more of all of that, and thinks we can't even envision some advancements AI will enable five years from now.

Driving the news: Su, who has helmed the U.S. chipmaker for more than a decade, told Axios' Ina Fried her company's resurgence was made possible by focusing on the "bleeding-edge, highest-performing chips out there," which are in particularly high demand thanks to the AI

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