Earlier at its Financial Analyst Day 2025 conference, AMD unveiled its long-term strategy and product technology roadmap. AMD Chairman and CEO Lisa Su emphasized that the company is entering a new era of growth driven by its technology roadmap and AI development momentum, and has set ambitious long-term financial goals: projecting a compound annual growth rate (CAGR) of over 35% in revenue and non-GAAP earnings per share (EPS) exceeding $20 over the next 3 to 5 years.
Data Center: MI450 to debut in 2026, MI500 to take over in 2027
In the highly anticipated AI data center sector, AMD confirmed its product line.Update rhythm :
• Instinct MI350 series:Known as the fastest-growing product in AMD's history, it has already been deployed on a large scale by companies such as Oracle Cloud (OCI).
• Instinct MI450 series (Helios system):Expected to launch in the third quarter of 2026, it will offer rack-class top-tier performance with leading memory capacity and extended bandwidth.
• Instinct MI500 series:Expected to be released in 2027, it will further expand the blueprint for AI effectiveness.
In the server CPU segment, the next-generation "Venice" CPU will offer superior performance and energy efficiency, supporting the needs of AI and general infrastructure. AMD expects to achieve a server CPU revenue market share of over 50% thanks to the advantages of its EPYC processors. In the data center AI field, the goal is to drive a compound annual growth rate of over 80% in revenue.
The networking solutions offer industry-leading bandwidth and platform flexibility through Pensando Pollara and the next-generation "Vulcano" AI NIC.
Clients and Games: The Gorgon/Medusa processor will usher in a turning point in AI performance.
In the client and gaming sectors, AMD noted that its AI PC portfolio has expanded 2.5 times since 2024, with Ryzen processors adopted by more than 250 platforms and adopted by more than half of the Fortune 100 companies.
AMD further revealed the codenames "Gorgon" and "Medusa" for its new client processors, predicting that these two generations of processors will drive AI PCs to a performance inflection point, achieving up to 10 times the AI performance improvement since 2024. AMD expects to achieve a revenue market share of over 40% in this area.
Embedded Systems & Software: ROCm Downloads Increase 10-Fold
In the embedded business, AMD emphasizes its industry-leading portfolio (FPGA, embedded x86, semi-custom), having achieved over $500 billion in design wins since 2022. AMD anticipates achieving over 70% revenue market share in adaptive computing.
In terms of the software ecosystem, AMD ROCm open software continues to receive developer support, with downloads increasing tenfold compared to the same period last year.
Long-term financial model: Revenue CAGR greater than 35%, earnings per share exceeding US$20.
Based on the aforementioned product advantages, AMD has proposed a transformative long-term financial model (for the next 3-5 years):
• Company as a whole: Revenue CAGR of over 35%, non-GAAP operating margin of over 35%, and non-GAAP earnings per share of over $20.
• Segment growth: Data center revenue has a compound annual growth rate of over 60%, while embedded, client, and game revenues have a compound annual growth rate of over 10%.
Lisa Su stated that AMD has unprecedented advantages and will lead the development of next-generation high-performance and AI computing through a broad product portfolio and deepened partnerships.
