AMD surges after bullish AI outlook

Advanced Micro Devices (NASDAQ: AMD) rallied over 5% after its first analyst day since 2022, where the company presented an ambitious long-term vision centered on AI and data center growth.

Major long-term projections

AI data center market: Now estimated at $1 trillion by 2030, up from $500B previously.
Revenue growth: Expected at 35%+ annually over the next 3–5 years.
Data center revenue: Forecast to reach “tens of billions” by 2027.
Gross margins: Projected in the 55–58% range.

Strategic drivers

Growth led by MI450 and Helios AI platforms.
$45B in design wins across aerospace, defense, and communications.
Instinct GPUs now deployed by 7 of the top 10 AI companies.
Data center CPUs now make up 40% of segment revenue.

Market reaction

Investors cheered the stronger-than-expected AI forecast, with analysts highlighting AMD’s expanding competitive position against rivals like Nvidia and Intel amid accelerating enterprise AI spending.