“we would expect that our AI business will be accretive to gross margins at the corporate level.”

In context

“. Operator: And the next question comes from the line of Chris Danely with Citi. Please proceed with your question. Chris Danely: Hey, team. Thanks for squeezing me in. Lisa, so if the MI250, 300, et cetera ramp or the revenue is mostly GPU only, what kind of an impact would that have on AMD gross margin? Would that still be gross margin accretive or dilutive or net neutral to your corporate gross margin? Lisa Su: Yes, thanks Chris. Let me just make sure I get the statement clear. So, both MI300A and MI300X will be part of the ramp, particularly in the fourth quarter. And as we go into next year for the AI specific applications, we are more heavily weighted towards MI300X, just given sort of where the software is written. And to your question about gross margins at the corporate level, so we would expect that our AI business will be accretive to gross margins at the corporate level. And obviously, as you start the ramp, there's a little bit of learning, but overall we expect it to be accretive to our corporate gross margins. Chris Danely: Great. And then, from a follow-up I just had -- I guess clarification, so it sounds like most of the MI revenue you have in the hopper right now for at least the committed revenue is LCAP, is that true? And do you have other, I guess, confirmed or hard orders for that, or maybe just spend some time telling us how you're working with the customers or what it takes for them to go from, "Hey, we are interested," to, "Here is the purchase order?" Lisa Su: Yes. So, may be if your question is do we have other customers who are committed to MI300 other than LCAP, the answer is yes. We have a number of customers who are actually committed.”