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Advanced Micro Devices (AMD) is riding a powerful wave of demand for artificial intelligence that shows no signs of slowing down. At the recent analyst day event, CEO Lisa Su outlined an ambitious growth vision driven by what she termed "insatiable" demand for AI computing power.
Su estimates revenue to grow by roughly 35% annually over the next three to five years. During this period, AMD’s data center business is projected to increase by 80% annually, which should enable the tech giant to generate tens of billions in AI chip sales by 2027.