genai / news / / Benzinga
Advanced Micro Devices Inc (NASDAQ:AMD) stock trended on Monday amid a high-level meeting in Beijing with CEO Lisa Su.
AMD CEO Lisa Su met with China's Vice Premier He Lifeng in Beijing to discuss expansion.
KEY POINTS
- AMD signaled plans to expand operations and increase investment in China.
- Citi projects server CPU sector may reach $131.5 billion by 2030 driven by agentic AI.
- Agentic AI CPUs could comprise 45% of the overall CPU market by 2030.
- AMD's estimated August 2026 EPS is $1.55, up sharply from 48 cents year-over-year.
COMPANIES
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