Now CPUs are back in the spotlight as the momentum has shifted from chatbots to AI agents. Bank of America estimates that the data center CPU market could double from $27 billion in 2025 to $60 billion in 2030. <\/p>\n
AMD’s quarterly results this week underlined the emerging trend, as earnings, revenue and guidance beat previous estimates on strong data center growth. The company has long led the CPU charge, and CEO Lisa Su said on the earnings call that AMD now expects the server CPU market to grow 35% over the next three to five years, up from the 18% growth forecast the company gave in November. <\/p>\n
“Agents are really driving tremendous demand in the overall AI adoption cycle, and we’re very excited to be in the middle of it,” Su said on CNBC’s “Squawk on the Street” Wednesday after the company’s earnings report.<\/p>\n<\/div>\n
\n
stock chart icons<\/title><desc>stock chart icon<\/desc><g transform=\"translate(1.4065934065934016 1.4065934065934016) scale(2.81 2.81)\"><path d=\"M 87.994 0 H 69.342 c -1.787 0 -2.682 2.16 -1.418 3.424 l 5.795 5.795 l -33.82 33.82 L 28.056 31.196 l -3.174 -3.174 c -1.074 -1.074 -2.815 -1.074 -3.889 0 L 0.805 48.209 c -1.074 1.074 -1.074 2.815 0 3.889 l 3.174 3.174 c 1.074 1.074 2.815 1.074 3.889 0 l 15.069 -15.069 l 14.994 14.994 c 1.074 1.074 2.815 1.074 3.889 0 l 1.614 -1.614 c 0.083 -0.066 0.17 -0.125 0.247 -0.202 l 37.1 -37.1 l 5.795 5.795 C 87.84 23.34 90 22.445 90 20.658 V 2.006 C 90 0.898 89.102 0 87.994 0 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 65.626 37.8 v 49.45 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 23.518 L 65.626 37.8 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 47.115 56.312 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 42.03 L 47.115 56.312 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 39.876 60.503 c -1.937 0 -3.757 -0.754 -5.127 -2.124 l -6.146 -6.145 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 59.844 C 41.952 60.271 40.933 60.503 39.876 60.503 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 22.937 46.567 L 11.051 58.453 c -0.298 0.298 -0.621 0.562 -0.959 0.8 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 48.004 L 22.937 46.567 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><\/g><\/svg><\/p>\n<div class=\"Collapsible-proLivePlayerCloseOrExpand\"><\/div>\n<\/div>\n<p><iframe title=\"Shares of Intel and AMD over the past year\" src=\"https:\/\/www.cnbc.com\/appchart?symbol=INTC&range=1Y&comp=AMD&type=mountain&embedded=true&$DEVICE$=undefined\" height=\"460\" scrolling=\"no\" loading=\"lazy\" style=\"border:0;width:100%\"><\/iframe><\/p>\n<p>Shares of Intel and AMD last year<\/p>\n<\/div>\n<div class=\"group\">\n<p>Analysts at Goldman Sachs and Bernstein upgraded the stock to buy ratings, citing CPU tailwinds. And analysts at JPMorgan Chase said the report “crystallises the ongoing structural change in both the server CPU and (datacenter) accelerator growth paths.” <\/p>\n<p>Intel, which led AMD in the CPU market for many years before missing out on several major breakthroughs, particularly AI, is in the midst of a revival thanks to a major investment from the US government last year. <\/p>\n<p>Intel had in stock <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/carbon.cnbc.com\/108299711\">the best month<\/a> The stock more than doubled, hitting a record in April, and has continued to post massive gains with a 33% surge in early May. Shares rose 13% on Tuesday <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-05\/apple-explores-using-intel-and-samsung-to-build-main-device-chips-in-the-us\">Bloomberg report<\/a> Apple is in talks with Intel and Samsung to produce core processors for its US devices. After this, on Friday they climbed another 14% <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/apple-intel-have-reached-preliminary-chip-making-agreement-69eb9370\">wall street journal<\/a> Intel and Apple were reported to have reached an agreement for the chip maker to produce some processors for Apple devices. <\/p>\n<p>Representatives for Intel and Apple declined to comment.<\/p>\n<p>Elsewhere in the new AI stack, some companies are directly benefiting from the partnership with Nvidia.<\/p>\n<p>Glass maker Corning, which celebrated its 175th anniversary this week, signed a major deal with Nvidia on Wednesday that includes the development of three new US factories dedicated solely to optical technologies for the chip giant. <\/p>\n<p>The deal gives Nvidia the right to invest up to $3.2 billion in Corning, and is potentially a major step away from Nvidia’s copper cables toward fiber-optic cables as it builds its rack-scale systems. Earlier this year, Corning signed a $6 billion deal with Meta through 2030 to provide fiber-optic cable to the social media company’s AI data centers. <\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108304041\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108304041\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000412334\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108304067-5ED3-MM-B-BLOCK-SHORT-050726.jpg?v=1778194515&w=750&h=422&vtcrop=y\" alt=\"Nvidia CEO Jensen Huang says Corning partnership will 'revitalize American manufacturing'\"\/><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>“We’re going to scale optical at a scale that, frankly, no optical company has ever scaled up,” Nvidia CEO Jensen Huang told CNBC’s Jim Cramer on Thursday. He said the economy was undergoing “the largest infrastructure build-out in human history.” <\/p>\n<p>Corning’s recent rally on Wall Street sent its stock to record highs in February, when it finally surpassed its previous high of the dot-com era in 2000. It continued to increase in the months that followed. <\/p>\n<p>Analysts are seeing many other comparisons to the Internet boom of the late 1990s, which was preceded by a prolonged market decline. <\/p>\n<p>Jonathan Krinksi, an analyst at BTIG, said in a recent note that the magnitude of the markup in the semiconductor sector looks like 1999. He warned of a 25% to 30% correction for the PHLX semiconductor index, a key benchmark for the sector, which is up 66% so far this year. <\/p>\n<p>“We’ve written about how extreme the moves have been in the semi-finals \u2014 in many cases not seen since the dot-com bubble,” he said. “However, in some ways, this step is actually more extreme.”<\/p>\n<p><em>\u2014CNBC’s Katie Tarasov and Christina Partsinevelos contributed to this report.<\/em> <\/p>\n<p><strong>Watch:<\/strong> Chip boom raises bubble concerns<\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\">Choose CNBC as your favorite source on Google and never miss a moment of the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>AMD CEO Lisa Su speaks to CNBC on May 6, 2026. cnbc Since the launch of ChatGPT in late 2022 and the beginning of the generative AI craze, one name has dominated the infrastructure boom: NVIDIA. While the chip maker \u2013 and the world’s most valuable company \u2013 continues to prosper and is expected to<\/p>\n","protected":false},"author":1,"featured_media":126871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[2060,2061,5624,213,4445,5143,2215,3920,5693],"class_list":{"0":"post-126868","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bible-news","8":"tag-amd","9":"tag-chip","10":"tag-intel","11":"tag-love","12":"tag-micron","13":"tag-moved","14":"tag-nvidia","15":"tag-street","16":"tag-wall"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/126868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=126868"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/126868\/revisions"}],"predecessor-version":[{"id":126872,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/126868\/revisions\/126872"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/126871"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=126868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=126868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=126868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}