Sam Altman wants all your RAM, Nvidia has demoted gaming to a secondary business, and now, AMD is "data center first."
In an interview with Yahoo Finance's executive editor Brian Sozzi (via TechRadar), AMD CEO Lisa Su predicted that PC sales will "decline by a double-digit percentage" in 2027, which is hardly surprising when you look at the global memory shortage and rising costs of RAM and GPUs. But the AI boom causing those rising costs is exactly where AMD's interests lie.
Su clearly laid out that AMD is a company that has the resources to expand its supply and "help our customers." Except the customers are no longer everyday consumers like gamers, but data centers. Looking at its last quarter, it's no surprise that AMD has dollar signs in its eyes, as it raked in $8.5 billion from its data center business alone, up 97%—whereas gaming revenue was just $773 million, down 40% year-over-year.
"Over the horizon, I see AI and super intelligence becoming more and more essential to every aspect of our lives," Su said.
AI may become an everyday part of our lives, but right now, the bubble might finally be bursting.
$3 trillion was just wiped from the stock market , with Nvidia falling by 9%, while AMD and Micron both fell roughly 15%. The sell-off comes amid the Democrats' sweeping midterm victories, with companies increasingly concerned about harsher AI regulation as opposition to data center construction was a crucial part of their campaign.
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