AMD’s Strategic Forecast Projects Significant Growth in Data Center AI Chips

AMD’s CEO, Lisa Su, has announced an optimistic outlook for the company’s data center AI chip business. According to Su’s statement, AMD anticipates a substantial annual sales growth of approximately 35% over the next three to five years. This projection is linked to the increasing demand for AI technologies within the enterprise sector. AMD is positioning its offerings as a vital component in supporting these advanced applications. The company anticipates capturing a double-digit share of the market within this timeframe, driven by robust market acceptance of its technologies.

Credits: US Top News and Analysis