AMD Sees Server CPU Market Reaching $200 Billion as AI Accelerators Hit $1.4 Trillion by 2030
Updated
Updated · CNBC · Jul 23
AMD Sees Server CPU Market Reaching $200 Billion as AI Accelerators Hit $1.4 Trillion by 2030
3 articles · Updated · CNBC · Jul 23
Summary
AMD told investors at its Advancing AI event that the server CPU market will top $200 billion by 2030, while the AI accelerator market reaches $1.4 trillion.
More than 50% growth in server CPUs is expected to be driven by agentic AI, which AMD said is expanding demand for data-center computing infrastructure.
AMD shares rose more than 2% after hours as the forecast added to a broader chip-sector rally tied to earnings and AI spending expectations.
Intel jumped 9% after reporting $16.1 billion in second-quarter revenue, underscoring how investors are rewarding semiconductor companies that show stronger AI-linked momentum.