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AMD Surges as Chipmaker Eyes Doubling Data Center Revenue

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The Story

News Summary

  • AMD forecasts doubling data center revenue next year amid accelerating AI inferencing demand and strong customer partnerships.
  • Gross margin expansion is expected from a diverse product mix, bolstering the company's position in a projected $2 trillion AI market by 2030.
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AMD price history

516.13 +140.00% over the displayed period

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