Data Center And GPU MarketAMD remains the best positioned alternative to NVIDIA in accelerated computing, with its datacenter business on track to roughly double.
Market Share And Revenue GrowthAMD is gaining market share from Intel in the server and client segment due to the growing demand for its 4th Gen EPYC processors.
Product Innovation And DemandThe company raised its overall MI300-series revenue target for 2024 to over $5 billion, indicating strong demand.