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AMD Shares Soar 9% After CEO Predicts $1 Trillion Data Center Market

The chipmaker is “entering a new era of growth,” chief executive Lisa Su said.AMD’s stock jumped by more than 9% on Wednesday after CEO Lisa Su said revenue could grow 35% annually over the next five years, as Su anticipates a “new era of growth” for the chipmaker while it positions itself in what she said could become a 1trillionmarket.SharesofAMDsoared9.51 trillion market.Shares of AMD soared 9.5% to around 260 as of noon Wednesday, rebounding from a 2% slump in the previous trading session.Su said during AMD’s financial analyst day event ...