Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Aditya Raghunath

CEO Lisa Su Says that ‘Insatiable’ Demand Is Powering AMD. Should You Buy Its Stock Here?

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.