Overview
- CEO Lisa Su projected roughly 35% annual revenue growth over the next three to five years, with the AI data center segment growing about 80% annually to reach tens of billions in sales by 2027.
- AMD now estimates a $1 trillion market for AI data center parts and systems by 2030 and set targets for non-GAAP operating margins above 35%, adjusted EPS above $20, gross margins of 55%–58%, and more than 50% server CPU revenue share.
- The roadmap features the fast-ramping Instinct MI350, the MI400 family launching in 2026, a rack-scale system designed to link 72 GPUs with MI450 systems targeted for the third quarter of 2026, and a MI500 series planned for 2027.
- Strategic partnerships remain central, including a multiyear OpenAI supply deal with warrants for up to a 10% stake and more than $100 billion in revenue over four years from OpenAI and other customers, alongside long-term work with Oracle and Meta.
- Shares rose in after-hours trading following the targets, as AMD also flagged a path to roughly $100 billion in annual data center chip revenue within five years and highlighted momentum from ROCm software and recent acquisitions such as ZT Systems and MK1.