AMD Projects Threefold Profit Surge by 2030, Aims for $100 Billion in Data Center Revenue

Advanced Micro Devices (AMD) projects its data center chip revenue to hit $100 billion annually within the next five years. The company expects profits to triple by 2030, driven by massive growth in AI and data center technologies. Investors responded with optimism as AMD’s shares rose 4% in post-market trading after this announcement. 

AMD’s CEO Lisa Su emphasized that artificial intelligence is the main engine behind this unprecedented expansion. She noted that the data center market could grow to a $1 trillion industry by 2030. The company’s advanced processors, networking chips, and new AI-focused chips are expected to power this evolution. She added that the data center segment remains AMD’s largest growth opportunity and the most competitive battleground in tech. 

The company expects 35% annual growth across all business segments and a 60% surge in its data center division over the next few years. AMD forecasts its earnings to rise to $20 per share, showing strong confidence in its product roadmap. This optimism follows a lucrative multiyear deal with OpenAI that could generate tens of billions in annual revenue. 

AMD is preparing to challenge Nvidia’s dominance by launching its next-generation MI400 AI chips in 2026. These chips will include several variants tailored for scientific research and generative AI. The company is also planning to introduce a complete server rack system, similar to Nvidia’s popular GB200 NVL72. This step reinforces AMD’s intent to capture a larger share of the booming AI infrastructure market, which Nvidia estimates could reach $4 trillion by 2030. 

Lisa Su also highlighted AMD’s recent AI-related acquisitions, including ZT Systems and several software startups. These moves enhance AMD’s software ecosystem and strengthen its position in AI-driven computing. The company’s Chief Strategy Officer, Mat Hein, mentioned that AMD will continue acquiring smaller AI software firms to expand its talent pool and technology base. 

With strong AI partnerships, innovative hardware launches, and continuous acquisitions, AMD is positioning itself as a dominant player in the trillion-dollar data center race. As demand for AI accelerates globally, AMD’s bold vision and strategic moves could redefine the future of AI computing and chip innovation.