AMD (AMD) UBS Women in Tech Summit summary

Company transformation and strategic focus

• Shifted from a PC- and consumer-centric business to higher-margin enterprise and data center markets over the past decade, emphasizing sustainable profitability and a strong balance sheet.

• Reentered the data center market, growing CPU share from 2% in 2018 to 33% in the most recent quarter, and diversified revenue streams beyond consumer segments.

• Strengthened supply chain partnerships, notably with TSMC, and pursued M&A, including the acquisition of Xilinx, to expand platform and system capabilities.

• Maintains a culture focused on engineering, customer-centricity, and a high-performing workforce.

Product innovation and AI leadership

• Highlighted at COMPUTEX the breadth of offerings across data center, PC, and embedded markets, with a focus on both hardware and software innovation.

• Launched new data center GPUs (MI300 series), achieving over $1 billion in revenue within two quarters, the fastest ramp in company history.

• Announced a roadmap with annual product updates: MI325 (2024), MI350 (2025, 3nm, HBM3E), and MI400 (CDNA Next architecture), targeting significant performance gains and support for large language models.

• Introduced Ryzen AI 300 series for PCs, exceeding Microsoft Copilot+ requirements and delivering industry-leading NPU performance.

Market opportunities and business outlook

• PC market expected to strengthen in the second half of 2024, with AI features driving new consumer and enterprise demand.

• Data center and server business anticipates renewed growth, with total cost of ownership and efficiency as key selling points; enterprise market share expected to continue rising.

• Embedded business, despite recent softness, is positioned for recovery with new AI-enabled products and strong adoption in healthcare, automotive, and broadcasting.