Last Updated:
First Published:
Advanced Micro Devices executives talked up some big numbers at the company’s first analyst day in three years, and those are giving its stock a boost.
The chip maker
AMD doubled its outlook for the data-center total addressable market (TAM), which AMD expects to reach $1 trillion by 2030. The company included central processing units and networking alongside artificial-intelligence chips in the guidance offered at Tuesday afternoon’s event.
