‘INCREDIBLE PACE': AMD CEO makes prediction about data center value
Fox Business Alert. AMD's Crystal Ball report has the AI chip giant shares spiking to an all-time high after the company said it expects its data center revenue to jump, get this, 60% to 100 billion dollars over the next 3 to 5 years. So, the stock right now up six 7.6%.Now, during the company's financial analyst day, CEO Lisa Sue said AMD also expects the total market for its data center chips will grow to 1 trillion dollars by 2030. The stock is currently sitting right at the very top of the NASDAQ 100. T ...