AMD's Lisa Su Bets on Data Centers as PC Sales Forecast to Slump
Su expects data center revenue to keep climbing while overall PC sales fall by double digits in 2027.
AMD chief executive Lisa Su used a Yahoo Finance interview on November 5 to stress the company's focus on AI and data centers, saying the data center business is expected to grow 50% sequentially from Q3 to Q4 and to more than double heading into next year. In the Q3 2026 earnings call she also projected a double-digit decline in overall PC sales for 2027. Asked about recent falls in AI and tech valuations, she argued the market is short-sighted and that sustained long-term investment in compute is the right course. The article's author rejects that view, arguing that the AI boom has overinvested in data centers and that memory shortages, which tech leaders helped cause, are driving up PC prices and the expected slump.
Why it matters
For readers following the industry, AMD's direction shows where chipmakers are placing their long-term bets. Su's forecast of a double-digit PC sales decline in 2027 signals that the company expects its growth to come from data centers rather than personal computers. Her argument that markets are short-sighted about AI and tech valuations makes clear that AMD is willing to accept near-term volatility in exchange for sustained investment over three to five years and beyond.
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