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AMD Nearly Triples 2027 AI Market Estimate As CEO Continues To Urge Caution

NewsTech

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At its AI product launch earlier today, chip designer AMD upgraded its AI market estimates for 2023 by 50%, revealing that the total addressable market (TAM) for data center AI accelerators is now $45 billion. AMD launched new AI products today in a broader semiconductor market that is recovering from the demand-supply shocks that shrank revenues of all big-ticket semiconductor companies before the demand for AI GPUs and CPUs picked up in 2023. The Santa Clara, California-based CPU and GPU designer's previous TAM estimate for the AI processor market was $30 billion. Its much larger GPU rival, NVIDIA, has managed […]

Read full article at https://wccftech.com/amd-nearly-triples-2027-ai-market-estimate-after-ceo-urged-caution-in-november/

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