AMD enters a new growth era with AI – Data center revenues expected to exceed $100 billion!

AMD enters a new era of growth thanks to AI, expecting to raise the market potential with data centers from the current $200 billion to $1 trillion by 2030. The third quarter already yielded record revenues with EPYC, Ryzen, and Instinct processors. In five years, the data center business is expected to grow to over $100 billion. With additional growth in other business areas, AMD plans total revenue increases of 35% per year and a net profit of over $20 per share. The target for the gross margin was also compelling, with 55% to 58%. The...