AMD expects data center chip market to grow to $1 trillion by 2030

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NEW YORK -Advanced Micro Devices expects the market for the company’s data center chips will grow to $1 trillion by 2030, CEO Lisa Su said at the company’s analyst day on Tuesday.

Artificial intelligence will drive much of the growth to the trillion-dollar figure, a market that includes AMD’s central processing units and networking chips, along with its specialized AI chips, Su said at the Nasdaq in New York. 

“It’s an exciting market,” Su said. “There’s no question, data center is the largest growth opportunity out there, and one that AMD is very,…



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AMD expects data center chip market to grow to $1 trillion by 2030


NEW YORK -Advanced Micro Devices expects the market for the company’s data center chips will grow to $1 trillion by 2030, CEO Lisa Su said at the company’s analyst day on Tuesday.

Artificial intelligence will drive much of the growth to the trillion-dollar figure, a market that includes AMD’s central processing units and networking chips, along with its specialized AI chips, Su said at the Nasdaq in New York. 

“It’s an exciting market,” Su said. “There’s no question, data center is the largest growth opportunity out there, and one that AMD is very,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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