AMD Just Raised the Top of the Company's 2030 Market to $3 Trillion

Key Points Speaking at Citi's technology conference on Tuesday, Sept. 8, AMD's chief financial officer said the company's total addressable market could reach $2 trillion to $3 trillion by 2030. AMD had cited a figure of about $2 trillion since its Advancing AI event in late July. With a forward price-to-earnings ratio of about 33, the stock already assumes the company captures a meaningful share of the bigger market. 10 stocks we like better than Advanced Micro Devices › When a company adds as much as a trillion dollars to its own market forecast, investors tend to notice. At Citi's 2026 Global TMT Conference on Tuesday, Sept.