Global Data Center Chip Market Report by Chip Type, Data Center Size, Industry Vertical, and Region 2024-2032 [Yahoo! Finance]
Advanced Micro Devices, Inc. (AMD)
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Source: Yahoo! Finance
Size, Industry Vertical, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. The global data center chip market size reached US$ 10.9 Billion in 2023. Looking forward, the market is projected to reach US$ 17.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.60% during 2023-2032. The market is primarily driven by the expanding information technology (IT) industry, the continuous technological advancements, the extensive research and development (R&D) efforts by the leading players, and the introduction of the five-nanometer process for semiconductor manufacturing. Major Market Drivers: The extensive utilization of cloud computing services by businesses and consumers is among the primary factors driving the data center chip market outlook. Moreover, the escalating demand for powerful and energy-efficient chips to support virtualization, storage, networking, and other critical workloads is also catalyzing the market growth. Key Market Trends: The
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- AMD Announces Upcoming Events for the Financial CommunityGlobeNewswire
- Advanced HPC Server Platforms by MiTAC and TYAN Spotlighted at ISC High Performance 2024 [Yahoo! Finance]Yahoo! Finance
- Advanced Micro Devices, Inc. (NASDAQ: AMD) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $190.00 price target on the stock.MarketBeat
- AMD Remains the Partner of Choice for World’s Fastest and Most Efficient High Performance Computing DeploymentsGlobeNewswire
- AMD Receives IEEE 2024 Corporate Innovation Award for Leadership in Chiplet Design for High-Performance and Adaptive Computing [Financial Post (Toronto, Ontario, Canada)]Financial Post
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