Advanced Micro Devices, Inc (NASDAQ:AMD) stock continues to pique investor curiosity amid reports of the chipmaker exploring alternatives to its production and partner foundries to reduce reliance on Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM).

While visiting Tokyo on Friday, chair and CEO Lisa Su discussed considering other manufacturing capabilities besides TSMC, Nikkei Asia reports.

Also Read: Cloud Providers Are Looking at AMD as an Alternative to Nvidia

Su expressed openness to leveraging TSMC sites located outside Taiwan.

She flagged the significant opportunity in AI with GPUs, emphasizing that in some areas of AI development, AMD's technology and knowledge would be more competitive than Nvidia Corp's (NASDAQ:NVDA).

"AI is going to have many winners," said Su. "There's not just one solution."

Price Actions: AMD shares traded higher by 1.20% at $111.57 on the last check Friday.

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