AMD Projects 80% Data-Center Growth Amid AI Hardware Expansion

Advanced Micro Devices Inc. forecasts an 80% annual surge in its data-center business, targeting tens of billions in revenue by 2027. CEO Lisa Su attributes this trajectory to existing customer partnerships and multi-billion-dollar deals with OpenAI, Oracle, and Meta. The chipmaker aims to capture double-digit market share in AI data centers—a sector currently dominated by Nvidia's 90% stranglehold.

AMD's Instinct AI chips secured a landmark commitment from OpenAI, including a 1-gigawatt deployment by 2026 that could grant the startup a 10% equity stake. This follows strategic agreements with cloud giants Oracle and Meta, signaling institutional confidence in AMD's competitive positioning against Nvidia's $4.6 trillion valuation.

Shares have nearly doubled as investors reward AMD's aggressive push into AI accelerators. While Nvidia remains the undisputed GPU leader, AMD emerges as the sole viable challenger scaling AI-specific hardware production.