AMD forecasts Q4 2026 revenue around $17 billion, potentially overtaking Intel for the first time
Advanced Micro Devices said it expects fourth‑quarter 2026 revenue of about $17 billion, give or take 3%, which would exceed Intel’s $15‑$16 billion outlook for the same period. The guidance follows AMD’s third‑quarter results where revenue rose 45% year‑over‑year to $13.4 billion, driven by a 97% jump in data‑center sales to $8.5 billion. Intel, while still leading in x86 CPU shipments, projected a $300 million revenue hit from a plant explosion and a total third‑quarter revenue of $16.5 billion.
Why it matters
If AMD’s forecast holds, the company would record its first quarterly revenue lead over Intel, a shift that could reshape competitive dynamics in the data‑center market. Investors may reassess growth expectations and valuation multiples for both firms.
Key facts
- 1AMD guided Q4 2026 revenue to about $17 billion, plus or minus 3%. techradar.com
- 2Intel forecast Q4 2026 revenue between $15 billion and $16 billion. techradar.com
- 3AMD reported Q3 2026 revenue of $13.4 billion, up 45% YoY. dataconomy.com
- 4AMD data‑center revenue rose 97% to $8.5 billion in Q3, representing 64% of total sales. dataconomy.com
- 5Intel’s data‑center and AI group generated $7.3 billion in Q3 revenue. dataconomy.com
- 6Intel’s Q4 outlook includes an estimated $300 million revenue impact from an Oct. 14 plant explosion. dataconomy.com
Open questions
- AMD’s Q4 guidance range is reported as $16.49 billion‑$17.51 billion in material 2, while materials 1,3,4 give a single point estimate of $17 billion ±3%.
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.