Is the color AMD gave on its $400bn TAM credible? Comparing notes:
We compare line by line the color AMD gave last week on the $400bn 2027 datacenter AI accelerator TAM with our bottom-up model, and come to the conclusion that we captured well where the industry sees AI going.We make only minimal adjustments on the back of the additional color AMD gave, increasing slightly inference in the mix (20/80 vs. 10/90 today) and lower slightly the pace at which we see model sizes grow.
Advanced Micro Devices is a semiconductor company. The company primarily provides x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit, chipsets, graphics processing units (GPUs), data center and personnel GPUs, and development services; server and embedded processors, semi-custom System-on-Chip products, development services and technology for game consoles. The company also licenses portions of its intellectual property portfolio. The company's segments are: Computing and Graphics, which consists of desktop, notebooks, commercial, and chipsets products; and Enterprise, Embedded and Semi-Custom, which includes server processors, and embedded P\processors products.
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