AMD Projects 66% Year-Over-Year Fourth-Quarter Revenue Growth

AMD reported Q3 revenue of $13.4B, up 45% YoY, exceeding expectations. Data center sales reached $8.5B. Q4 guidance of $17B ±3% also surpassed estimates. Intel's Q3 sales rose 21% to $16.5B, meeting expectations. Analysts and traders commented on AMD's performance and AI-driven growth.

AMD reported Q3 revenue of $13.4B, up 45% YoY, with Data Center revenue at $8.5B, up 97% YoY. The company expects Q4 revenue of ~$17B, a 66% YoY growth, driven by AI and server products. Data Center AI revenue is projected to surpass server CPU revenue in Q4. AMD also announced acquisitions and expects 2027 revenue growth of over 80%.

AMD recorded a $1.07 billion non-cash charge in Q3 due to warrants issued to OpenAI and Meta. The warrants, part of deals for up to $60 billion in AI chip sales, could dilute AMD shares. AMD forecast faster 2027 growth, boosting its stock 8% in extended trading.

AMD projected 2027 revenue growth of over 80%, exceeding analyst estimates of 77%, driven by data-center revenue and competition with Nvidia. The guidance and strong Q3 results boosted AMD's stock by 8% after hours, while Intel, Nvidia, and Broadcom also saw gains. CEO Lisa Su highlighted the company's growth prospects during an analyst call.

AMD signed long-term supply agreements with memory suppliers, likely including Samsung Electronics, to manage rising HBM prices. AMD expects 80%+ revenue growth in 2027, driven by data center chips. Q3 revenue was $13.38B, beating estimates. Samsung is expanding long-term contracts with major customers. AMD shares rose 8% after earnings. HBM shortages persist, impacting some segments.

AMD reported Q3 earnings of $2.09 per share, beating estimates, with revenue up 45% YoY to $13.38B. Data center sales, now 64% of revenue, nearly doubled YoY, driven by AI demand. AMD expects server revenue to double YoY in 2027. CEO Lisa Su confirmed supply chain security for growth. AMD's stock rose over 5% post-earnings.