AMD's CFO says agentic AI is driving 'tremendous' CPU demand; company doubles data center CPU market estimate to $120 billion by 2030

AMD expects second-quarter CPU revenue to grow more than 70% year-over-year, following first-quarter growth of more than 50%. The company previously outlined a $60 billion CPU market opportunity by 2030 but now estimates it at more than $120 billion.

AMD breaks the CPU market into three segments: traditional general-purpose compute (roughly $25 billion to $30 billion today), head nodes for GPU clusters (CPUs managing GPU communication), and agentic AI racks (dedicated CPU infrastructure handling millions of operations between inference tasks, post-processing, and data retrieval). Agentic AI racks — infrastructure that sits between traditional servers and GPUs — is the fastest-growing segment.

OpenAI and Meta are anchor customers for AMD's GPU business. The company's forecast from those customers for 2027 is 'actually above our original plan.' AMD's MI450 GPU is sampling, with the Helios rack-scale system launching in the second half of 2026.