Advanced Micro Devices Inc.’s (NASDAQ:AMD) rapidly expanding data center business is facing a major second-quarter test, with prediction market traders placing strong odds on the chipmaker surpassing the $6 billion revenue mark.
AMD’s Data Center Revenue Jumps as AI Deals Drive Growth AMD has seen its data center business emerge as a major growth engine amid rising demand for artificial intelligence infrastructure.
In its last quarterly report, AMD posted total revenue of $10.3 billion, up 38% from a year earlier.
Data center revenue climbed 57% year over year to $5.8 billion, highlighting the company’s growing presence in the AI chip market.
The performance followed a strong prior quarter.
