capexScore 85/100Watch
AMD data center AI business projected to grow >100% through 2027; partnerships with OpenAI, Meta, Anthropic signal scale
“Our data center business is accelerating. We're extremely excited about our foundational model. Large strategic partners like open AI and META, and we just added Anthropic to the mix there. And this is a case where, you know, we do see our data center business growing well over 100% as we go into 2027.”
Why it matters
AMD is signaling sustained triple-digit growth in data center AI through 2027, contingent on major LLM vendors (OpenAI, Meta, Anthropic) deploying AMD GPUs at scale. This implies massive capex commitments from hyperscalers to diversify GPU supply beyond NVIDIA.
Investment implication
Hyperscalers are likely accelerating capex to onboard AMD MI-series GPUs. AMD's ability to supply foundational model training at scale is now a key competitive lever. Investors should monitor whether AMD can match NVIDIA's supply cadence and whether hyperscalers actually shift workloads meaningfully.