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