New Delhi, India, November 12- Advanced Micro Devices (AMD) expects profit to triple by 2030, signaling a bold vision for the future of computing. The company shared its ambitious plans during its analyst day in New York, marking its first such event in three years. AMD believes the data center chip market will grow to $1 trillion by 2030, driven by artificial intelligence and cloud computing.
AMD projects annual revenue from data center chips to hit $100 billion within five years. CEO Lisa Su described the opportunity as “exciting” and emphasized that AMD is well-positioned to lead this transformation. She explained that AI will power much of the growth, spanning processors, networking chips, and specialized AI hardware.
The announcement sparked optimism among investors. AMD shares rose 4% in after-hours trading, reversing earlier losses. Since October 6, the stock has climbed 16%, boosted by a multiyear deal with OpenAI. That agreement could generate tens of billions of dollars in annual revenue and is seen as a strong endorsement of AMD’s technology. While Nvidia remains the dominant player in AI chips, AMD’s recent moves suggest it is ready to challenge the status quo.
Finance chief Jean Hu outlined aggressive growth targets. AMD expects 35% annual growth overall and 60% growth in its data center segment over the next 3–5 years. Earnings per share are forecast to rise to $20, compared to current estimates of $2.68 for 2025. These projections highlight AMD’s confidence in scaling its operations rapidly.
The company is also preparing for the next wave of innovation. AMD plans to launch its MI400 series of AI chips in 2026, designed for scientific computing and generative AI. Alongside these chips, AMD will introduce a complete server rack solution, similar to Nvidia’s GB200 NVL72. These products aim to strengthen AMD’s position in high-performance computing and AI infrastructure.
Lisa Su highlighted AMD’s recent acquisitions as part of its strategy to build a robust AI ecosystem. The company has purchased server builder ZT Systems and several software firms, including MK1 earlier this week. Su said, “We built an M&A machine” and added that the company expects to make more acquisitions. Chief Strategy Officer Mat Hein confirmed AMD will pursue AI software tuck-ins to secure tools and talent for effective competition.
AMD’s short-term outlook also looks promising. The company expects fourth-quarter revenue to exceed Wall Street forecasts due to strong AI chip and data center CPU demand. This surge in AI-related spending has provided a significant boost, reinforcing AMD’s confidence in its long-term strategy.
Industry experts agree that AI is reshaping the semiconductor landscape. Jensen Huang predicted the global AI infrastructure market could hit $3–$4 trillion by 2030, showing huge opportunities for chipmakers. AMD’s projections align with this trend, positioning the company as a key player in the race to dominate AI-driven computing.
AMD’s vision reflects a broader transformation in technology. Data centers are becoming the backbone of digital infrastructure, and AI is accelerating that shift. With a trillion-dollar market in sight and a clear roadmap for innovation, AMD is betting big on the future. Investors are watching closely as the company moves to turn these ambitious goals into reality.
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