AMD stock price rises by 4%. Su Zifeng said that the cost of manufacturing chips in the United States has increased, but it is "worth it."
On Monday morning Eastern Time, AMD's stock price rose by more than 4%. Prior to this, the company's CEO Lisa Su remained calm about the increase in chip prices. She stated that although the cost of the first batch of chips produced at TSMC's Arizona factory will be 5%-20% higher than those produced in Taiwan, the premium is worth it. After attending an AI forum in Washington, Su said in an interview, "We must consider supply chain resilience, which is the lesson we have learned from the pandemic."
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