AMD CEO Lisa Su says AMD will invest tens of billions in its supply chain and lift 2027 supply

AMD (AMD) chair and CEO Lisa Su said in Seoul on Oct 7 that the company will make investments totaling tens of billions of dollars across its global supply chain, according to the Asia Business Daily's account of her remarks. MarketWatch's headline on the trip likewise describes her as planning to invest "tens of billions". AMD is the spender here, not the recipient of outside investment. The comments capped a tour that began in Taiwan on Oct 6 and then moved to South Korea.

In Taipei, Su told reporters, "we're going to substantially increase our supply in 2027, but we can definitely use more". She said she met Acer, Asus, Foxconn and Quanta, with a stop in Hsinchu to see TSMC, and that AMD is raising its Taiwan supply-chain investment beyond the $10 billion commitment announced in May, without giving a revised figure. Su also said AMD's planning horizon has shifted from one-to-two years to three-to-five years, and that memory supply remains constrained across the market.

In Seoul, after AMD Gamer Day, Su said she had met executives from Samsung and SK hynix and that AMD is very satisfied with the HBM4 they supply and is urging a volume ramp-up, according to Korea Economic Daily. Samsung signed an MOU to supply HBM4 and DDR5 for the MI455X and Helios, per The Elec. On foundry, Su said AMD is continuing to explore opportunities with Samsung across memory and foundry. Aju Press noted that a manufacturing agreement has not been announced and that her visit does not establish that another supply deal is imminent. Separately, she met Korean AI companies at a Ministry of Science and ICT event, where AMD said it will set up an AI research center in Korea within the year. Those startups are potential partners for combining AMD processors with Korean NPUs, not the HBM suppliers.

What to watch: whether AMD puts numbers and timing on the "tens of billions", whether Samsung foundry talks become a signed agreement, and how quickly HBM4 volumes ramp. Samsung and SK hynix together accounted for more than 80 percent of global HBM revenue in Q2, per Counterpoint figures cited by Aju Press, so the supplier base is concentrated. AMD's second-quarter data center revenue reached $6.7 billion, up 107% year over year.