
$AMD(AMD.US)At AMD’s Analyst Day, Lisa Su mentioned that AMD is committed to capturing a ” double-digit“ share of the AI chip market. It is projected that by 2030, the global AI data center market will exceed $1 trillion, with a compound annual growth rate of over 40%. Driven by this strong growth, the company‘s average annual revenue growth over the next three to five years is expected to exceed 35%, with AI data center-related revenue projected to grow at an average annual rate of 80%. Additionally, AMD anticipates earnings per share to exceed $20 over the next three to five years, with a gross margin maintained between 55% and 58%. Boosted by this positive news, AMD’s after-hours stock price once rose by over 4%. Are you optimistic about AMD‘s development?
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