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AMD forecasts quarterly revenue above estimates as data-center revenue hits record

Nov 3 (Reuters) - ⁠AMD forecast fourth-quarter revenue above Wall Street estimates on Tuesday and the company's data-center revenue hit a record on ⁠robust demand as its multibillion-dollar effort to challenge Nvidia's dominance of the AI chip market gathers pace.

The Star MalaysiaAnhata Rooprai, Max A. Cherney查看原文 ↗
AMD预计季度营收将高于预期,数据中心营收创历史新高。

The AMD logo, on display at HPE Discover Las Vegas 2026, in Las Vegas, Nevada, U.S., June 16, 2026. REUTERS/Caroline Brehman/File Photo

Nov 3 (Reuters) - ⁠AMD forecast fourth-quarter revenue above Wall Street estimates on Tuesday and the company's data-center revenue hit a record on ⁠robust demand as its multibillion-dollar effort to challenge Nvidia's dominance of the AI chip market gathers pace.

The upbeat ‌forecast offered some relief to investors rattled by mounting concerns over the cost of the massive AI buildout and Intel's weak outlook.

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