Advanced Micro Devices Inc. CEO Lisa Su, speaking at a WIRED conference, firmly dismissed growing fears of an artificial intelligence bubble, stating such concerns are "somewhat overstated" and answering "emphatically no" when asked if the tech industry was in one. Her comments aim to bolster investor confidence in the sustainability of AI-related investments as AMD continues to compete with rivals like Nvidia. This statement comes as AMD solidifies its position in the AI sector through significant partnerships, including a substantial deal with OpenAI and collaborations with companies like Zyphra, which is utilizing AMD's Instinct MI300X GPUs for large-scale AI models. While analysts see recent wins as strong endorsements for AMD's hardware, the market continues to watch for sustained execution and market share gains against established competitors.