CEO Lisa Su noted that AMD is experiencing significant growth with its Instinct MI300X AI accelerators, which are expected to drive $5 billion in revenue for fiscal 2024.
During a recent earnings call, Su stated that Instinct accelerator revenues exceeded $1.5 billion in Q3, reflecting strong demand and performance compared to previous quarters.
AMD's datacenter revenues surged to $3.5 billion, signifying a remarkable 25% growth compared to Q2 and a staggering 122% year-over-year increase.
Su emphasized the strength of AMD's roadmap, pointing out upcoming product launches like MI325X, which are designed to meet the growing demands of datacenter infrastructures.
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