Lisa Su, chair and chief govt officer of Superior Micro Gadgets Inc. (AMD), throughout a Bloomberg Tv interview in San Francisco, California, US, on Monday, Oct. 6, 2025.
David Paul Morris | Bloomberg | Getty Photos
AMD CEO Lisa Su mentioned on Tuesday that the corporate’s general income progress would develop to about 35% per yr over the following three to 5 years, pushed by “insatiable” demand for synthetic intelligence chips.
Su mentioned that a lot of that may be captured by the corporate’s AI information heart enterprise, which it expects to develop at about 80% per yr over the identical time interval, on monitor to hit tens of billions of {dollars} of gross sales by 2027.
“That is what we see as our potential given the client traction, each with the introduced clients, in addition to clients which might be presently working very intently with us,” Su instructed analysts.
In the end, Su mentioned that AMD might be capable to obtain “double-digit” share within the information heart AI chip market over the following three to 5 years.
AMD shares fell 3% in prolonged buying and selling.
The AI chip market is presently dominated by Nvidia, which has over 90% of the market share, in accordance with some estimates, and which has given the corporate a market cap of over $4.6 trillion, versus AMD’s roughly $387 billion valuation.
AMD is holding its first monetary analyst day since 2022, as the corporate has discovered itself on the heart of a increase in information heart spending for AI.
Whereas firms are spending a whole bunch of billions of {dollars} in complete on graphics processing unit (GPU) chips to construct and energy synthetic intelligence purposes like OpenAI’s ChatGPT, they’re additionally in search of options to extend capability and management prices. AMD is the one different main developer of GPUs except for Nvidia.
In October, AMD introduced a partnership with OpenAI through which it will promote the AI startup billions of {dollars} in its Intuition AI chips over a number of years, beginning with sufficient chips in 2026 to make use of 1 gigawatt of energy.
As a part of the deal, OpenAI might find yourself taking a 10% stake within the chipmaker. Su additionally highlighted long-term offers with Oracle and Meta on Tuesday.
AMD shares have almost doubled to this point in 2025.
OpenAI can be serving to AMD arrange its next-generation methods primarily based round its Intuition MI400X AI chips, which ship subsequent yr.
AMD has mentioned that its chips will be capable to be assembled right into a “rack-scale” system the place 72 of its chips work collectively as one, which is important for working the most important AI fashions.
If AMD succeeds at its rack, it should meet up with Nvidia’s AI chips, which have been supplied in rack-scale methods for 3 product generations.
Su mentioned that the corporate now sees the entire marketplace for AI information heart components and methods hitting $1 trillion per yr in 2030, representing 40% annual progress per yr. AMD reported $5 billion in AI chip gross sales in its fiscal 2024.
That is up from the corporate’s earlier forecast of a $500 billion market in 2028 for AI chips. However the up to date AMD determine additionally consists of central processors (CPU), an vital type of chip that sits on the coronary heart of a pc, however is not a pure AI accelerator just like the GPUs made by Nvidia and AMD.
AMD’s Epyc CPUs are nonetheless the corporate’s most vital product by gross sales. It primarily competes with Intel and a few smaller Arm-based processors within the CPU market. AMD additionally makes chips for sport consoles, networking components, and different units.
On Tuesday, though AMD centered a lot of its give attention to its rising AI enterprise, it instructed shareholders that its older companies had been rising too.
“The opposite message that we wish to depart you with at present is each different a part of our enterprise is firing on all cylinders, and that is truly a really good place to be,” Su mentioned.