AMD Projects $2 Trillion AI Opportunity by 2030, Data Center Sales to Hit $70 Billion by 2027

At the Citi 2026 Global TMT Conference, AMD stated that AI-related opportunities could reach $2 trillion by 2030. The company expects its data center business to double by 2027, reaching $70 billion in sales, with AI GPUs contributing $40 billion. AMD has secured $29 billion to $30 billion in procurement commitments and is prioritizing capacity allocation from TSMC. The MI450 is scheduled for mass production in Q3 2026. Key anchor customers include Meta, OpenAI, and Anthropic, with multi-generational collaborations underway.