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AMD Shares Soar 9% After CEO Predicts $1 Trillion Data Center Market

1. AMD shares surged 9.5% after CEO's growth forecast. 2. CEO Su anticipates 35% annual revenue growth over five years. 3. Data center chip market could reach $1 trillion by 2030. 4. Goldman Sachs supports growth projection with cautious optimism. 5. Analysts debate the feasibility of AMD’s aggressive market goals.

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FAQ

Why Bullish?

CEO's optimistic growth forecast and projected market expansion could boost investor confidence.

How important is it?

Article outlines strategic growth outlook impacting revenue and market positioning.

Why Long Term?

Projected growth of data center market may take years to fully materialize.

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