AMD Shares Jump as Lisa Su Projects 35% Growth and $100 Billion Data-Center Revenue

Overview

• AMD forecasts sustaining roughly 35% annual revenue growth over the next three to five years driven by AI chips.
• The company aims for a double-digit share of the data-center AI accelerator market within the same timeframe.
• Management projects data-center revenue of about $100 billion within five years and sees a $1 trillion market by 2030.
• The stock rose about 8%–10% to roughly $257–$258 in mid-day trading following the outlook.
• AMD plans next-generation AI chips for 2026 and has been buying AI software startups, as investor skepticism over an AI bubble persists with high-profile short bets and accounting critiques.