AMD's Strong AI Growth Forecast Highlights Expanded Market Opportunity

2 months ago

Christine Aino

"Well, let's start with AMD, shall we, Paul? Because that stock is still doing well today even after the update that we got yesterday. Um so still going the ticker AMD shares currently up more than 7% so extending their opening gains after the announcement yesterday regarding their long-term outlook as we know of course uh CEO Lisa Sue saying that annual revenue growth will average more than 35% over the next 3 to 5 years and I think the headline grabber was really uh their projection for the total addressable uh AI chip market which they're projecting to reach $1 trillion by 2030."

The speaker highlights AMD's robust performance in the market with a strong long-term revenue growth projection and an expanding role in the AI chip market.

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