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AMD Shares Dip 1.9% in After-Hours Trading, Yet Foresees Accelerated Sales Growth Over Next Five Years
1 week ago /
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Author：小编
On Tuesday, during after-hours trading in the U.S. stock market, shares of Advanced Micro Devices (AMD) took a 1.9% hit. Nevertheless, buoyed by the robust demand for its data center products, AMD anticipates a significant uptick in its sales over the forthcoming five-year period. CEO Lisa Su revealed that AMD is poised to achieve an average annual revenue growth rate surpassing 35% in the next three to five years. Notably, its AI data center revenue is projected to soar at an average annual rate of 80%. In the realm of AI chips, AMD stands as NVIDIA's most formidable rival.
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