AMD beats forecasts and guides to about $17bn as data centres surge
Third-quarter revenue rose 45% to $13.4bn, data centre sales rose 97% to $8.5bn, and fourth-quarter guidance topped the $16.3bn analysts expected.
Source published · In the Daily Brief of 4 November 2026
Filed under Markets, AI industry
AMD reported record third-quarter revenue of $13.4bn and adjusted earnings of $2.09 a share, against forecasts of $13.1bn and $1.97. Data centre revenue rose 97% to $8.5bn, while gaming fell 40% to $773m. Lisa Su, chief executive, said data centre AI revenue will pass server processor revenue for the first time in the fourth quarter.
The company guided to revenue of about $17bn, plus or minus 3%, a 66% rise on a year earlier. Su said she expects 2027 revenue to grow more than 80%. The shares rose more than 7% after hours. Super Micro also reported after the bell, with revenue up 298% to $19.95bn against estimates of $16.39bn, according to Techmeme.