AMD gains market share in data center GPUs via customer commitments and acquisitions improving AI portfolio; bull thesis on growth without needing to replace Nvidia.

this is no longer just a race for graphics (GPU). AMD and Western Digital. AMD makes this even more interesting because it's no longer just a second-string alternative in the graphics field.

I believe that AMD's data center business reached nearly 7 billion in the last quarter, and over the past year we have seen Meta, OpenAI and Anthropic, all of which have committed to what I believe is 14 gigawatts of combined AMD GPUs .

I don't think AMD needs to win to replace Nvidia. It just needs a larger share of a rapidly expanding market.

The AMD I mentioned is gaining market share in Western Digital, and there are some concerns related to that. Will we slow down or grow?

And I think, in addition to what Lisa cleverly shared, that AMD, for example, acquired WorldLabs for $8.2 billion . I expect that this acquisition alone will simply make the company smarter .

That is, they will be able to better understand spatial intelligence and the requirements for developing advanced AI models to enable them to boost their portfolio sales. Certainly their portfolio of graphics processing units , but certainly also their central processing unit side .

I think this will be important when looking at AMD’s overall picture, and the reason they are already expecting to reach big numbers in the coming quarters.

And I believe, in addition, that they introduced ZTE systems. I believe this will be important in terms of having the intelligence to design capabilities that ensure their portfolio adapts to the evolving needs of advanced AI models.