Overview
- AMD targets more than 35% revenue CAGR over the next three to five years, non‑GAAP operating margins above 35%, and adjusted EPS topping $20.
- Lisa Su projects a $1 trillion data‑center chip market by 2030 and says AMD aims for double‑digit share of AI accelerators within three to five years.
- Product roadmap: Instinct MI350 is ramping at a record pace, MI450 arrives in Q3 2026, MI500 is planned for 2027, and a Helios rack‑scale system is slated for 2026.
- Commercial validation includes a multiyear OpenAI agreement with warrants for up to a 10% AMD stake and large Oracle commitments expected to ramp from 2026.
- Shares rose nearly 5% premarket after the event as analysts welcomed the targets but highlighted execution on supply, software integration, and large‑scale deployments as the key test.