AMD expects AI server CPU demand to double through 2030, raising its total addressable market above $120bn, while data center revenue surged 57% to $5.8bn in the latest quarter. Meanwhile, AMD stock has rallied roughly 150% this year, though average Wall Street price targets remain below the current share price.
AMD now projects AI server CPU demand to double by 2030, driving its total addressable market above $120 billion. This forecast underscores growing enterprise and hyperscale interest in high-performance CPU solutions tailored for complex AI workloads.
In the latest quarter, AMD's Data Center segment generated $5.8 billion, a 57% year-over-year increase, as EPYC processors won deployments across cloud, enterprise, healthcare and finance. Cloud instances running EPYC chips climbed nearly 50%, surpassing 1,600 worldwide deployments.
AMD shares have climbed roughly 150% year-to-date, reflecting investor optimism around AI and server CPU leadership. Despite the surge, average Wall Street price targets remain below current levels, suggesting analysts may revise upward if growth stays on track.
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