AMD Shares Surge as Lisa Su Sets 35% Growth Goal and $100 Billion Data‑Center Target
Vertical integration backed by AI‑software acquisitions underpins its challenge to Nvidia.
Overview
- Shares jumped 8.98% to $258.86 for the best session since mid‑October, adding about $34.8 billion in market value.
- Lisa Su guided for roughly 35% annual revenue growth over the next three to five years driven by AI demand.
- AMD outlined a path to $100 billion in annual data‑center revenue within five years and forecast a $1 trillion data‑center chip market by 2030.
- The roadmap points to a 2026 launch of next‑generation AI chips with variants tailored for scientific workloads and generative AI.
- Recent acquisitions of AI‑software startups and an OpenAI supply agreement support a push to win share from Nvidia as bubble worries and high‑profile short bets keep volatility elevated.