When AMD CEO Lisa Su told investors the company would hit $100 billion in annual data center revenue by 2030, it sounded like the kind of stretch goal executives float to keep Wall Street interested. Turns out she may have undersold it.
AMD’s data center division posted $5.78 billion in revenue for Q1 2026, a 57% jump compared to the same quarter last year. At that growth trajectory, the company is on pace to blow past Su’s target roughly two years ahead of schedule, potentially reaching the milestone by 2028.
The AI engine behind AMD’s surge
Su laid out the $100 billion annual data center revenue target during AMD’s Analyst Day in November 2025. The thesis was straightforward: AI infrastructure spending would keep accelerating, and AMD’s Instinct MI series GPUs and EPYC CPUs would capture a meaningful slice of that market.
Major deals with OpenAI and Meta have given AMD’s data center business serious momentum, placing its hardware at the center of the AI infrastructure buildout that every major tech company is racing to complete.
