Will AMD Be a $1 Trillion Company by 2030?

AMD (NASDAQ: AMD) is one of the primary tech giants competing in the artificial intelligence (AI) arms race. While AMD has a significantly smaller market share than best-in-class Nvidia (NASDAQ: NVDA), it has carved out a solid foothold for itself in the industry.Still, AMD is a $265 billion company right now, so it would take a 277% rise for it to join the $1 trillion club by 2030. While that sounds like a lot, the compound annual growth rate (CAGR) required is 27%. With how rapidly the AI industry is expanding, that doesn't sound like an unachievable growth rate, but is it realistic for AMD?Let's take a look.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool