AMD is projecting an acceleration in its sales over the forthcoming five - year period, propelled by robust user demand for its data center offerings. Serving as Nvidia's most direct rival in the AI chip domain, AMD's CEO, Lisa Su, announced on Tuesday during a company event held in New York that AMD is set to witness an average annual revenue growth rate surpassing 35% over the next three to five years. Moreover, the revenue from AI data centers is expected to soar at an average annual rate of 80%.
