AMD projected compound annual revenue growth rates of 35% over the next three- to five years and said demand for AI infrastructure and its chip portfolio is strong.
AMD reported better-than-expected third quarter results as its data center unit delivered revenue growth of 22% and its PC sales grew 46% from a year ago.
IBM and AMD plan to integrate AMD's CPUs, GPUs and FPGAs with IBM quantum computers.
AMD reported solid second quarter as its PC and gaming unit delivered more revenue growth than data center.
AMD launched new Instinct MI350 Series accelerators, previewed Instinct MI400 Series GPUs and outlined its next-gen AI rack systems that integrate the company's stack.
AMD reported better-than-expected fourth quarter results as its data center revenue was $3.9 billion, up 69% from a year ago doing to its GPU and server chip demand.
AMD continues to see its revenue surge due to its data center unit, which posted sales growth of 122% from a year ago.
AMD launched its 5th Gen EPYC processor as well as its latest Instinct MI325X accelerators as it aims to gain AI workloads from inference to model training. The big takeaway is that AMD is well equipped to give Nvidia competition for AI workloads.
With ZT Systems AMD is looking to combine its Instinct AI accelerators, EPYC server chips and networking gear to design integrated systems.
AMD CEO Lisa Su said company saw record data center revenue in the second quarter. The company also raised its third quarter revenue outlook.
AMD said it will acquire Silo AI for $665 million in cash in a deal that advances the company's efforts to broaden its generative AI ecosystem.
AMD outlined its AI GPU roadmap and moved to an annual cadence as it aims to compete with Nvidia.
