# AMD's CEO outlined an "outstanding" first quarter for the company, with revenue of $10.3 billion.

*semiconductor · news · 2026-05-05 · Wccftech*

## Key points

- AMD expects server CPU TAM annual growth above 35%, with market revenue exceeding $120 billion by 2030.
- The upcoming EPYC Venice CPUs, based on 2nm Zen 6, double throughput versus leading ARM AI chips.
- Customer engagement around MI450 Series and Helios accelerators is outpacing AMD’s initial forecasts.
- Verano, a cost-optimized EPYC CPU purpose-built for AI, is scheduled for release in 2027.
- AMD projects server CPU revenue to grow over 70% year-over-year in Q2 2026.

**Companies:** AMD

[Read the full story on Wccftech](https://wccftech.com/amd-doubles-server-cpu-forecast-to-120-billion-as-agentic-ai-rewrites-demand-ceo-says-epyc-verano-built-purely-for-ai/)

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