AMD Revenue & Data Center Growth Outlook

2 months ago

Host

"We're starting with Advanced Micro Devices. AMD, its shares have been up as much as 5%. They're Nvidia's closest competition in AI chips, so it's CEO Lisa Su. She said annual revenue growth will average more than 35% over the next 3 to 5 years. AMD's datacenter revenue is going to increase by an average of 80% over that same period. And it was this long look that was really key because investors, they've been really concerned about the massive spend. They say it's not sustainable."

The speaker highlights AMD's strong long-term revenue and data center growth forecasts, mentioning a 35% revenue increase and 80% datacenter growth over the next 3 to 5 years, despite investor concerns on capital spend sustainability.

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