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AMD expects data center chip market to grow to $1 trillion by 2030

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NEW YORK -Advanced Micro Devices expects the market for the company’s data center chips will grow to $1 trillion by 2030, CEO Lisa Su said at the company’s analyst day on Tuesday.

Artificial intelligence will drive much of the growth to the trillion-dollar figure, a market that includes AMD’s central processing units and networking chips, along with its specialized AI chips, Su said at the Nasdaq in New York. 

“It’s an exciting market,” Su said. “There’s no question, data center is the largest growth opportunity out there, and one that AMD is very,…

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