AMD has given analysts a clearer look at how it plans to grow in the AI era, and the company’s expectations are very high. During its first financial analyst day, CEO Lisa Su said AMD now believes the AI market could exceed one trillion dollars by 2030, which is double the estimate the company gave only a year earlier.
According to Su, demand for AI hardware keeps rising faster than expected. She told analysts that AMD’s overall revenue could grow by roughly 35 percent annually over the next several years as companies look for more computing power. She also expects AMD’s data center business to expand sharply, with revenue potentially rising 60 percent within three to five years, compared to the projected sixteen billion dollars in 2025. The company believes the broader AI data center market, which includes CPUs, GPUs, and networking hardware, could reach one trillion dollars within five years.
AMD has recently secured several major customers, including a massive six-gigawatt deal with OpenAI and a contract to deliver fifty thousand chips to Oracle. The company also plans to build two additional high-performance supercomputers for Oak Ridge National Laboratory.
Dan McNamara, who heads AMD’s server CPU division, noted that the company set an aggressive goal for its EPYC processors three years ago. Since then, AMD has released two new CPU generations, scaled its ecosystem of partners and platforms, and focused heavily on execution. As a result, AMD now claims around forty percent of the server CPU market. McNamara hinted that the company’s progress has been helped by missteps from its main competitor.
He added that gains in high-performance computing are carrying over into the enterprise market. Large organizations are increasingly adopting EPYC processors for demanding workloads that require strong performance. According to McNamara, adoption among Fortune 500 companies has tripled this year, and this trend also boosts on-premises deployments, making hybrid cloud environments more consistent.
AMD’s platform ecosystem has also grown. The company now has nearly one hundred eighty platforms, ranging from rack systems to edge devices, along with more than three thousand solutions built on top of them.
One of AMD’s growth areas is support for industry-specific workloads, such as telecommunications and networking. McNamara said AMD aims to speed up these tasks, increase throughput, and shorten time-to-results for customers. He claimed AMD offers nearly twice the performance of competitors for certain result-focused workloads.
These efforts appear to be paying off. More than sixty percent of Fortune 100 companies now use AMD technologies, and the number continues to grow every quarter. McNamara also said the company is seeing strong momentum with new customers adopting EPYC processors for the first time, doubling year over year.