AMD, a leading semiconductor company, has projected a revenue of $400 million for the fourth quarter of 2021 and over $2 billion in 2024 from its AI chips. During the company’s recent earnings call, CEO Lisa Su confidently made this bold projection.
AMD expects its data-center revenue from graphics processing units (GPUs) to reach $400 million in the fourth quarter of this year. However, Su sees even greater potential in their AI chips, projecting revenue exceeding $2 billion by 2024 as the company continues to ramp up production.
While this projection may seem ambitious, industry analysts believe that Su has the potential to deliver on her promise. AMD’s GPUs are expected to play a significant role in driving revenue growth, and the increasing demand for AI and data-center solutions could contribute to the success of its AI chips.
Su’s confident projection indicates a positive outlook for AMD’s future in the AI chip market. The company’s strong performance in recent years suggests that it has the capabilities to meet its revenue goals.
Moreover, AMD’s success in delivering high-performance products is seen as a competitive advantage in the AI chip industry. With their reputation for powerful and efficient chips, AMD is well-positioned to capitalize on the growing demand for AI solutions.
Investors and industry observers will closely monitor AMD’s progress in achieving its revenue projections. As the company continues to innovate and expand its offerings, it will be interesting to see if AMD can maintain its upward trajectory in the highly competitive semiconductor market.
In conclusion, AMD’s projection of $400 million in revenue for the fourth quarter of 2021 and over $2 billion in 2024 from its AI chips demonstrates its confidence in the market demand and its own capabilities. With the rising demand for AI and data-center solutions, AMD is poised for success in the AI chip industry.
“Explorer. Devoted travel specialist. Web expert. Organizer. Social media geek. Coffee enthusiast. Extreme troublemaker. Food trailblazer. Total bacon buff.”