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AMD CEO Lisa Su on Q2 results: We're in an extraordinary time for AI compute right now
CNBC Television· 2026-08-05 13:45
Financial Performance and Growth - Advanced Micro Devices experienced a strong quarter, achieving year-on-year revenue growth of over 50% [2] - The data center business is projected to grow well over 100% heading into 2027 [5] Market Trends and Demand - The overall market for computing, adaptive high-performance, and adaptive computing is projected to exceed $2 trillion by 2030 [4] - The artificial intelligence market has experienced an inflection in demand over the past 6 or 7 months, particularly within the central processing unit market [7] Strategic Partnerships and Enterprise Adoption - Strategic foundational model partners include OpenAI, Meta, and newly added Anthropic [5] - Enterprise customers are transitioning artificial intelligence workloads from experimentation into production, driving demand for both central processing unit and graphics processing unit compute [8]