Bullish Medium-Term Outlook for AMD

2 months ago

"the CEO at a company event late yesterday, giving a bullish medium-term outlook on revenue growth, expecting revenue growth over 35% over the next 3 to 5 years, and AI data center revenue to increase by 80% over that same period. She also expects the total AI chip market to reach $1 trillion by 2030. And this is key because AMD is one of Nvidia's main rivals in the space when it comes to sophisticated AI chips. They have around a 10% market share in that market."

The CEO of AMD highlighted a bullish medium-term revenue growth outlook with specific expectations of over 35% growth and an 80% surge in AI data center revenue over the next 3 to 5 years, positioning AMD as a strong competitor in the AI chip arena.

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