Lisa Su announces more than $1T forecast for AMD's total addressable market

Group 1 - AMD CEO Lisa Su announced a significantly increased forecast for the total addressable market (TAM) for AI, projecting it to exceed $1 trillion by 2030, up from the previously outlined $500 billion earlier this year [1][2] - The $1 trillion figure includes not only AI chips but also AMD's traditional CPU chips and networking products, which some analysts may view as too inclusive compared to competitors like Nvidia [3] - AMD's CPU demand is accelerating due to AI, as general-purpose compute is essential alongside advanced graphics chips [4] Group 2 - AMD expects over 50% growth in its server business and anticipates data center AI revenue to grow 80% annually over the next five years [5] - The next generation of AMD's AI chips and rack-scale systems is projected to generate tens of billions of dollars in revenue by 2027 [5] - AMD's advancements in rack systems are aimed at enhancing its competitiveness against Nvidia in the data center market [6]