Lisa Su brushes off Musk’s Nvidia commitment as AMD stock sinks after earnings

Advanced Micro Devices experienced a significant decline in its share price following the release of second-quarter earnings results, even as the company demonstrated solid financial performance. CEO Lisa Su addressed investor concerns during an appearance on CNBC, responding to recent statements from Elon Musk regarding SpaceX’s chip procurement strategy. Musk had indicated on a company earnings call that SpaceX would prioritize Nvidia artificial intelligence chips, citing superior archi