positive
Advanced Micro Devices projects data-centre chip market to hit US$1 trillion by 2030
AMD’s CEO Lisa Su said the company expects the data-centre chip market - covering CPUs, AI-accelerators and networking silicon - to grow to about US$1 trillion by 2030. She indicated AMD will support that through next-gen MI400 AI-chips launching in 2026 and a ramp-up of AI-software acquisitions. The announcement positions AMD as a stronger competitor to Nvidia Corporation, which earlier estimated its own market potential at US$3-4 trillion. The reaction in shares was muted as investors weighed competition and margin pressure in the booming AI infrastructure segment.
Companies:
- Advanced Micro Devices
- Nvidia Corporation
Tags:
- stocks
- technology
Reuters• By Harsh Ranjan
Explore:Mutual Fund Categories
positive
Advanced Micro Devices projects data-centre chip market to hit US$1 trillion by 2030
AMD’s CEO Lisa Su said the company expects the data-centre chip market - covering CPUs, AI-accelerators and networking silicon - to grow to about US$1 trillion by 2030. She indicated AMD will support that through next-gen MI400 AI-chips launching in 2026 and a ramp-up of AI-software acquisitions. The announcement positions AMD as a stronger competitor to Nvidia Corporation, which earlier estimated its own market potential at US$3-4 trillion. The reaction in shares was muted as investors weighed competition and margin pressure in the booming AI infrastructure segment.
Companies:
- Advanced Micro Devices
- Nvidia Corporation
Tags:
- stocks
- technology
Reuters• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
1 min read
87 words
AMD forecasts the data-centre chip market will reach US$1 trillion by 2030, aiming to capture AI infrastructure growth.
AMD’s CEO Lisa Su said the company expects the data-centre chip market - covering CPUs, AI-accelerators and networking silicon - to grow to about US$1 trillion by 2030. She indicated AMD will support that through next-gen MI400 AI-chips launching in 2026 and a ramp-up of AI-software acquisitions. The announcement positions AMD as a stronger competitor to Nvidia Corporation, which earlier estimated its own market potential at US$3-4 trillion. The reaction in shares was muted as investors weighed competition and margin pressure in the booming AI infrastructure segment.
AMD’s CEO Lisa Su said the company expects the data-centre chip market - covering CPUs, AI-accelerators and networking silicon - to grow to about US$1 trillion by 2030. She indicated AMD will support that through next-gen MI400 AI-chips launching in 2026 and a ramp-up of AI-software acquisitions. The announcement positions AMD as a stronger competitor to Nvidia Corporation, which earlier estimated its own market potential at US$3-4 trillion. The reaction in shares was muted as investors weighed competition and margin pressure in the booming AI infrastructure segment.
Companies:
- Advanced Micro Devices
- Nvidia Corporation
Tags:
- stocks
- technology
- stocks
- technology
- ai
- semiconductors
- AMD