Market News / Story
Agentic AI drives up CPU demand; Mizuho ups targets on AMD, Intel
Seeking Alpha ·
Seeking Alpha reports: The increase of agentic AI use cases is leading to a surge in CPU demand, which is expected to drive up CPU shipments and benefit CPU servers and memory makers, according to Mizuho. "We estimate agentic CPUs reaching ~$80B by 2030E (~123% 4Y CAGR), head-node CPUs to $68B (~61% 4Y CAGR), and traditional CPUs to $60B (~2% 4Y CAGR)," said Mizuho analysts, led by Vijay Rakesh, in an investor report. "Total Server CPU TAM we estimate reaches ~$209B by 2030E (32% 4Y CAGR)…