AMD stock rose as CFO said its market could reach $3 trillion, Barron’s reports
AMD’s CFO expects artificial-intelligence demand to drive the total market for the company’s products to around $3 trillion in 2030, according to Barron’s.
TLDR
Barron’s reports that investors were piling into AMD shares after its CFO projected that the company’s addressable market—the total market for its products—could reach around $3 trillion in 2030. The CFO attributed that outlook to artificial-intelligence demand.
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