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Catenaa News

AMD CEO Lisa Su says demand signals are strong across product portfolio

AI Market Summary
AMD CEO Lisa Su highlighted strong demand across AMD's portfolio, with data-center demand described as very strong and supported by South Korean memory supply-chain ties. Citi's target hike and commentary that Meta's Muse AI agent could drive incremental CPU demand reinforces a positive read-through for server and AI-infrastructure positioning. Near term, the news supports sentiment around AMD's earnings resilience and AI-related revenue mix.
Impact level
● Medium
Affected assets
NCSKAMD2USD/USDT-0.63%
AI Insight · NCSKAMD2USD/USDTAI Insight
▲ Bullish
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AMD CEO Lisa Su said she is seeing strong demand signals across the company’s product portfolio, with data center demand still very strong. Citi analyst Atif Malik raised his AMD price target to $800 from $575, citing expectations for stronger CPU demand after Meta’s launch of its Muse AI agent. Malik also said he expects the CPU total addressable market to expand from $29 billion in 2025 to $300 billion in 2030.
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