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AMD CEO Lisa Su has projected that the artificial intelligence (AI) chip market will exceed $500 billion by 2028, with the AI accelerator total addressable market (TAM) growing at an annual rate exceeding 60%. This forecast surpasses the company's previous estimate of a $500 billion market size by 2028. Su highlighted that the inference chip segment within the AI market is expected to grow even faster. Over the past year, AMD has made 25 strategic investments in AI-related companies to strengthen its position in this expanding sector. Additionally, the company plans to launch an MI500-based AI server by 2027, underscoring its commitment to advancing AI hardware solutions.
$AMD ANALYSTS SEE AMD AI CHIP REVENUE 5XING BY 2028 — MASSIVE UPSIDE IF MARKET SHARE HITS 20%
$AMD can crush its naysayers this quarter if it resumes its Instinct (GPU) reporting and provides an outlook to show inference is accelerating its growth. Our projections indicate that AMD AI accelerator revenue should at least 5x between now and 2028 with significant upside
Neoclouds to Generate Over US$65 Billion in GPU-as-a-Service Revenues by 2030, ABI Research Finds https://t.co/RLT5MGYO6r
