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Benzinga
Benzinga
Business
Anusuya Lahiri

AMD Sets Ambitious AI, Earnings Goals Through 2030

AMD United States James Schneider Vivek Arya Harlan Sur Artificial Intelligence Bank of America Securities Goldman Sachs New York Nvidia
Jakarta:,May,02,2024:,Advanced,Micro,Devices,,Inc.,(amd),Signboard.,Is

Advanced Micro Devices, Inc’s (NASDAQ:AMD) 2025 Financial Analyst Day in New York outlined aggressive growth targets powered by soaring demand for artificial intelligence graphics processing units (GPUs) and Datacenter central processing units (CPUs).

The chip designer impressed Wall Street with ambitious projections of over 35% long-term revenue growth and a $1 trillion AI market opportunity.

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