Conference Call Participants
Vivek Arya – BofA Securities, Research Division
Presentation
Vivek Arya
BofA Securities, Research Division
Welcome back to this BofA Global Tech Conference. I’m Vivek Arya from BofA’s Semiconductor, Semi-Cap Equipment Research team.
I’m really delighted to have the team from Advanced Micro Devices join us this morning: Jean Hu, Chief Financial Officer; and Matt Ramsay, Head of Investor Relations. And I’ll go through my questions, but please feel free to raise your hand if you would like me to bring up something.
But really warm welcome to you, Jean and Matt. I really appreciate you joining us…
Jean Hu
Executive VP, CFO & Treasurer
Yes. Thank you.
Vivek Arya
BofA Securities, Research Division
At the conference. And I guess, exciting times in AI and the semiconductor industry.
So maybe, Jean, as a start, just walk us through your state of the union, right? The growth has been very strong, right, since the start of the year. What has surprised you? Which are the areas that you think you are seeing kind of the best growth right now? And which are the areas which have been kind of pushed back because of this?
Jean Hu
Executive VP, CFO & Treasurer
Yes. First, thank you for having us. Thank you all for joining us.
I think the biggest change during the last few months is really the rise and inflection of agentic AI. You can see continued momentum from training to inference, from AI adoption, experimentation, to more adoption at scale. So when you look at that, agentic AI, it’s not about answering questions anymore. It’s about orchestration, it’s