<div id="readability-page-1"><div id="ArticleBody-InlineImage-108208259"><div><div>Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025.David Paul Morris | Bloomberg | Getty Images</div></div></div><div>AMD shares swung on Tuesday after CEO Lisa Su said the company's overall revenue growth would expand to about 35% per year over the next three to five years, driven by &#34;insatiable&#34; demand for artificial intelligence chips.Su said that much of that would be captured by the company's AI data center business, which it expects to grow at about 80% per year over the same time period, on track to hit tens of billions of dollars of sales by 2027.&#34;This is what we see as our potential given the customer traction, both with the announced customers, as well as customers that are currently working very closely with us,&#34; Su told analysts.Ultimately, Su said that AMD could be able to achieve &#34;double-digit&#34; share in the data center AI chip market over the next three to five years.The AI chip market is currently dominated by Nvidia, which has over 90% of the market share, according to some estimates, and which has given the company a market cap of over $4.6 trillion, versus AMD's roughly $387 billion valuation.AMD is holding its first financial analyst day since 2022, as the company has found itself at the center of a boom in data center spending for AI.While companies are spending hundreds of billions of dollars in total on graphics processing unit (GPU) chips to build and power artificial intelligence applications like OpenAI's ChatGPT, they are also looking for alternatives to increase capacity and control costs. AMD is the only other major developer of GPUs aside from Nvidia.In October, AMD announced a partnership with OpenAI in which it would sell the AI startup billions of dollars in its Instinct AI chips over multiple years, starting with enough chips in 2026 to use 1 gigawatt of power. As part of the deal, OpenAI could end up taking a 10% stake in the chipmaker. Su also highlighted long-term deals with Oracle and Meta on Tuesday.AMD shares have nearly doubled so far in 2025.</div><div>OpenAI is also helping AMD set up its next-generation systems based around its Instinct MI400X AI chips, which ship next year. AMD has said that its chips will be able to be assembled into a &#34;rack-scale&#34; system where 72 of its chips work together as one, which is essential for running the largest AI models.If AMD succeeds at its rack, it will catch up with Nvidia's AI chips, which have been offered in rack-scale systems for three product generations.Su said that the company now sees the total market for AI data center parts and systems hitting $1 trillion per year in 2030, representing 40% annual growth per year. AMD reported $5 billion in AI chip sales in its fiscal 2024.That's up from the company's previous forecast of a $500 billion market in 2028 for AI chips. But the updated AMD figure also includes central processors (CPU), an important kind of chip that sits at the heart of a computer, but isn't a pure AI accelerator like the GPUs made by Nvidia and AMD.AMD's Epyc CPUs are still the company's most important product by sales. It primarily competes with Intel and some smaller Arm-based processors in the CPU market. AMD also makes chips for game consoles, networking parts, and other devices.On Tuesday, although AMD focused much of its focus on its growing AI business, it told shareholders that its older businesses were growing too.&#34;The other message that we want to leave you with today is every other part of our business is firing on all cylinders, and that's actually a very nice place to be,&#34; Su said.</div></div>

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AMD's CEO Lisa Su announced a projected 35% annual sales growth, driven by high demand for AI chips, particularly in the data center market, which is expected to grow 80% annually. AMD aims for a double-digit market share in AI data center chips over the next three to five years. The company has secured partnerships with OpenAI, Oracle, and Meta, and anticipates the AI data center market to reach $1 trillion by 2030. AMD's shares have nearly doubled in 2025, reflecting strong performance across all business segments.

- AMD CEO Lisa Su announced a projected revenue growth of about 35% annually over the next three to five years, driven by demand for AI chips, particularly in the data center sector.  
- The company expects its AI data center business to grow at approximately 80% per year, potentially achieving double-digit market share in the AI chip market currently dominated by Nvidia.  
- AMD's partnerships with OpenAI, Oracle, and Meta, along with its advancements in AI chip technology, position it to capitalize on the anticipated $1 trillion AI data center market by 2030.

AMD's Lisa Su sees 35% annual sales growth driven by 'insatiable' AI demand