AMD Growth Expectations Amid AI Concerns

2 months ago

Rachel Pua

"investors are still watching it and after it said that uh expects annual revenue growth to be more than 35% on average over the next three to five years. I think this be expectations and you know uh the company has also said that this would be driven by its data center products. Um I think investors were afraid that uh there was an AI bubble that the huge spending on AI computer systems cannot be sustained especially when AMD's customer open AI but AMD CEO Lisa Sue has kind of late fears by saying that she is confident growth will hold up."

The commentary highlights AMD's forecast of over 35% annual revenue growth driven primarily by its data center products. Despite investor concerns about an unsustainable AI spending bubble, AMD's CEO expressed confidence in the durability of growth over the next three to five years.

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