Advanced Micro Devices eyes $94B revenue by 2027, nearing $100B threshold
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Advanced Micro Devices said it expects to reach $94 billion in revenue by 2027, putting the chipmaker within striking distance of the $100 billion threshold. The forecast is driven by accelerated growth in AMD's data center business, which could reshape the semiconductor industry's competitive landscape. Supply constraints may prevent the company from fully realizing that potential. The revenue target matters because data center chips are the backbone of AI and cloud infrastructure, a market where AMD competes with Nvidia. Investors will watch whether AMD can secure enough manufacturing capacity to meet demand and whether data center growth sustains the pace implied by the 2027 guidance.
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