AMD to report Q3 earnings as Intel warns of PC slowdown and cuts Q4 revenue guidance
AMD will release its third‑quarter 2026 results on November 3 after market close, while Intel has projected fourth‑quarter revenue of $15 billion to $16 billion, below consensus. Intel’s outlook cites a lingering PC market slowdown, which has pressured AMD’s client segment despite strong data‑center growth. Analysts expect AMD to post revenue of about $13 billion and EPS of $1.97.
Why it matters
The guidance gap between Intel and consensus may weigh on PC‑related chip makers, while AMD’s data‑center exposure could offset that risk; investors will gauge AMD’s AI demand and its ability to meet the $13 billion revenue target. Analysts’ EPS forecast of $1.97 provides a benchmark for the upcoming earnings surprise.
Key facts
- 1AMD is scheduled to report its Q3 2026 results on November 3 after the market closes. 247wallst.com
- 2Intel set Q4 2026 revenue guidance at $15 billion to $16 billion, below the roughly $17 billion consensus. 247wallst.com
- 3Intel’s adjusted gross‑margin guidance for Q4 2026 is 38%, down from 44.1% in Q3. 247wallst.com
- 4AMD guided Q3 2026 revenue to about $13 billion, plus or minus $300 million. 247wallst.com
- 5Analysts expect AMD to earn $1.97 per share in Q3 2026. finance.yahoo.com
- 6AMD’s Data Center sales are projected at $8.19 billion, an 88% year‑over‑year increase. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.