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AMD's Lisa Su sees 35% annual sales growth driven by 'insatiable' AI demand

1. AMD expects 35% revenue growth driven by AI chip demand over 3-5 years. 2. AI data center business projected to grow 80% annually, targeting billions in sales. 3. AMD plans to capture double-digit share in AI chip market currently dominated by Nvidia. 4. Partnership with OpenAI involves selling significant AI chips, impacting future sales. 5. AMD's diverse product lines are also experiencing growth, supporting overall business strength.

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FAQ

Why Bullish?

AMD's aggressive growth projections and strong partnerships, especially with OpenAI, indicate a positive outlook.

How important is it?

The optimistic forecasts for AI sales and strategic partnerships signify an impactful trajectory for AMD.

Why Long Term?

Long-term growth potential exists over the next 3-5 years as AI demand continues to rise.

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