AMD projects 70% Q2 CPU revenue surge, upping AI CPU TAM to $120B
NVDA•AMD expects Q2 CPU revenue to increase more than 70% year-on-year, driven by agentic AI workloads and anchor customers OpenAI and Meta projecting demand above 2027 targets. The company doubled its 2030 CPU total addressable market forecast to $120 billion, led by the fastest-growing agentic AI rack segment.
1. CFO Statement on Agentic AI Demand
AMD CFO Jean Hu highlighted that agentic AI orchestration, database access and tool execution are driving significant incremental demand for high-performance CPU platforms, positioning CPUs as critical infrastructure for next-generation AI applications.
2. Strong Q2 CPU Revenue Outlook
The company forecasts second-quarter CPU revenue growth exceeding 70% year-over-year, up from more than 50% growth in Q1, with anchor customers OpenAI and Meta projecting demand above AMD’s original 2027 plan.
3. Expanded 2030 CPU TAM and Segment Analysis
AMD has revised its 2030 CPU total addressable market forecast to $120 billion, up from $60 billion, led by the agentic AI rack segment, alongside traditional general-purpose compute ($25–30 billion) and GPU head-node CPUs.
