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Good Luck Getting a Cheap GPU. AMD Is a 'Data Center First Company,' CEO Says
PCMag • • business
Key Points:
- AMD CEO Lisa Su emphasized that the company is primarily focused on data centers, projecting a 50% growth in this segment over the next three months and aiming to double that growth by 2027.
- AMD's Q3 revenue hit a record $13.4 billion, nearly doubling from the previous year, with 63% of earnings coming from data center operations, highlighting the company's strong position in AI and compute-intensive markets.
- Despite strong performance in data centers, consumer graphics card prices from AMD and Nvidia have surged significantly, with flagship GPUs like AMD's RX 9070 XT now costing well above their launch prices.
- The high demand and profitability in data centers contrast with the challenges faced by consumer GPU markets, where supply shortages and inflated prices persist.
- AMD's strategic focus on data centers aligns with broader industry trends emphasizing AI and supercomputing, though potential political and voter reactions in the US could impact future momentum.
