AMD forecasts booming data center sales and AI-driven growth through 2030
TL;DR Summary
AMD forecasts over 35% annual revenue growth in the next 3-5 years, driven by an 80% increase in AI data center revenue, with the total AI chip market expected to reach $1 trillion by 2030, reflecting strong demand and strategic partnerships in the AI industry.
- AMD Predicts Accelerating Sales Growth Driven by Data Centers Bloomberg.com
- AMD's Lisa Su sees 35% annual sales growth driven by 'insatiable' AI demand CNBC
- AMD says its data center revenue will jump 60% over the next 3 to 5 years Yahoo Finance
- AMD expects profit to triple by 2030, data center chip market to grow to $1 trillion Reuters
- AMD Stock Jumps on Outlook. AI Growth Is Boosting Margins. Barron's
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