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AI chips will be a market worth $400 billion by 2027, says Lisa Su – the Chief Executive of Advanced Micro Devices Inc.

Her updated outlook for artificial intelligence arrives only days after both Microsoft and Meta Platforms said they’ll use the AMD Instinct MI300X as an alternative to Nvidia products.

Su’s forecast suggests the AI space will grow at a compound annualised rate of a whopping 70%. That’s a significant increase versus $150 billion valuation that AMD had projected for AI chips just a few months ago.

Advances Micro Devices now sees its revenue coming in at $6.1 billion in its current financial quarter – suggesting that it’s well-positioned to capitalise on continued rapid growth in artificial intelligence.  

Note that AI is a major reason why Wall Street currently rates AMD stock at “overweight” on average. And the expected growth and future prospects of this new technology is something that a bunch of up-and-coming projects like Memeinator are interested in tapping on.

Memeinator is a blockchain based platform that was launched only months ago.

What’s most interesting about Memeinator as an investment is that it exposes you to two of the fastest growing markets. One is the meme coin market that wasn’t even big enough to be called a market in 2020 but then exploded to a valuation of $20 billion by the end of 2022.

The other one, of course, is artificial intelligence that Statista forecasts will be a $2.0 trillion market by 2030 – or about ten times bigger than now.

To be clear, MMTR uses AI to hunt for “weak” coins on the internet that it can destroy and establish its dominance in the meme coins space. In other words, it’s an investment in itself but one that has set out to make the broader market of meme coins safer for investment as well.

For more details, visit the Memeinator website by clicking here.

Memeinator seems to have convinced the investment community of the mission it has set out to accomplish. That’s evidenced in the fact that it has already raised over $1.7 million in the pre-sale.

Still, you may not be too late to invest in MMTR considering the meme coin is still going for $0.014 only which suggests the bulk of appreciation in its price remains in the future.

Most importantly, Memeinator is yet to go live on crypto exchanges. That typically is the event that attracts massive demand and translates to significant price increments which you can benefit from if you invest in it today.

MMTR has already reached over 12.5 million people and has also been mentioned in the media some thousands of times.

Visit the Memeinator website to find out how to invest in it in a few simple steps.

A significant tailwind that could help boost MMTR price in the coming months is the expected upside in the crypto market at large.

Jamie Dimon – the Chief Executive of JPMorgan recently said in an interview that he would shut down Bitcoin if he were the government. But he’s been consistently wrong about cryptocurrencies, as per a notable crypto bull Michael Novogratz.

Bitcoin has already touched $44,000 in recent weeks which suggests a more than 150% upside year-to-date that tops pretty much all conventional financial investments.

And with the “halving” event right around the corner and the pending regulatory approval for a Spot Bitcoin ETF, many believe the world’s largest cryptocurrency to eventually hit an all-time high.

That’s significant because Bitcoin is a team player. When it rallies, it doesn’t do so in a vacuum. It tends to take its peers with it to the highs – and those “peers” include Memeinator as it’s a cryptocurrency at its core.

Click here to find more about Memeinator (MMTR) before deciding to invest in it.

The post Memeinator outlook after AMD’s forecast for AI chips market appeared first on Invezz

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