It's increasingly difficult to walk through our front doors, turn on our TVs, or even steal a quick glance at our phones without being bombarded by the promises of a brave new world of AI. That's not just the case for AI tools and end-user benefits, either, because there also seem to be endless proclamations of limitless AI market growth and money-making potential.
AMD CEO Dr. Lisa Su has once again thrown her name into the hat of AI market hopefuls—not without merit, either, I might add. In AMD's Q3 2024 earnings call (via Seeking Alpha), Su said, "In the Data Center alone, we expect the AI accelerator TAM will grow at more than 60% annually to $500 billion in 2028. To put that in context, this is roughly equivalent to annual sales for the entire semiconductor industry in 2023."
