AMD CEO Su turns heads with comments at AI event originally appeared on TheStreet.

Lisa Su has seen the future and she wants to tell you all about it.

The chairwoman and CEO of Advanced Micro Devices  (AMD)  took the stage at the chipmaker's "Advancing AI" developers conference to give the attendees an idea of what's next.

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"At AMD, we're really focused on pushing the boundaries of high performance and adaptive computing to help solve some of the world's most important challenges," Su said during her keynote address. "Frankly, computing has never been more important in the world.

"I'm always incredibly proud to say that billions of people use AMD technology every day, whether you're talking about services like Microsoft Office 365 or Facebook or Zoom or Netflix or Uber or Salesforce or SAP and many more running on AMD infrastructure."

Su said her company’s latest AI processors can challenge Nvidia's  (NVDA)  chips in a market she now expects to soar past $500 billion in the next three years, according to Bloomberg.

The new installments in AMD’s MI350 chip series are faster than Nvidia's counterparts and represent major gains over earlier versions, Su said at a company event Thursday in San Jose, Calif.

The MI355 chips, which started shipping earlier this month, are 35 times faster than predecessors, she said.

Though AMD remains a distant second to Nvidia in AI accelerators — the chips that help develop and run artificial intelligence tools — it aims to catch up with these new products.

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The stakes are higher than ever: Su previously predicted $500 billion in market revenue by 2028, but she now sees it topping that number.

“People used to think that $500 billion was very large number,” she said in a briefing following her presentation. “Now it seems well within grasp.”

In February, AMD's forecast for its data center business reflected slower growth than some analysts predicted. AMD says the new update to its MI range will restore momentum and prove it can go toe to toe with a much bigger rival.

AMD said that the MI355 outperforms Nvidia’s B200 and GB200 products when it comes to running AI software and equals or exceeds them when creating the code. Purchasers will pay significantly less than they would versus Nvidia, AMD said.

Nvidia did not immediately respond to a request for comment.