AMD CEO Lisa Su Attributes Strong Earnings to AI-Driven CPU Demand, Revises Long-Term Forecast

Advanced Micro Devices (AMD) reported strong first-quarter earnings, driven by increased demand for CPUs due to the growth of agentic AI. CEO Lisa Su revised the company's long-term forecast for the server CPU market, expecting it to exceed $120 billion by 2030. The stock rose 15% following the results.

By Lola Murti · CNBC · May 6, 2026, 14:37 UTC

Tickers: $AMD $NVDA

Topics: AI adoption AMD growth forecast demand surge earnings server CPUs

Read the full article at CNBC

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