AMD is poised for significant growth, with CEO Lisa Su projecting a remarkable 35% annual revenue increase over the next three to five years, primarily fueled by an “insatiable” demand for AI chips. This surge is expected to be particularly pronounced in AMD’s AI data center business, which is on track to grow at an astonishing rate of 80% annually, potentially reaching tens of billions in sales by 2027. The competitive landscape is tough, with Nvidia currently dominating the AI chip market.