Advanced Micro Devices (AMD) forecast fourth-quarter revenue of about $17 billion as Data Center sales nearly doubled in its latest quarter, putting demand for server processors and AI accelerators at the center of the company’s growth outlook.
The midpoint of the forecast is 66% above revenue in the year-earlier quarter and 27% higher than the third quarter, AMD said in its Nov. 3 earnings release. The company set a range of 3% above or below the $17 billion midpoint. If achieved, the forecast would put year-over-year growth above the 45% rate reported for the third quarter.
Reuters reported analysts’ average estimate was $16.23 billion, citing data compiled by LSEG. AMD’s release did not include a consensus figure. EconoTimes previously covered the company’s fourth-quarter revenue outlook.
For the quarter ended Sept. 26, 2026, revenue reached $13.377 billion, up 45% from a year earlier and 16% from the preceding quarter. Data Center revenue climbed 97% to $8.546 billion, or about 64% of total sales, after rising 27% sequentially. AMD reports server processors and AI accelerators within one Data Center line, so the release does not break out each category’s revenue.
AMD linked Data Center gains to sustained EPYC processor demand and the arrival of Instinct MI450 Series GPUs. AMD Chair and CEO Lisa Su said, “Demand for our Instinct and EPYC products continued to strengthen.”
Performance was mixed across AMD’s businesses. Client and Gaming revenue fell 8% year over year to $3.722 billion, compared with $4.048 billion a year earlier. Gaming revenue dropped 40% to $773 million.
AMD forecast fourth-quarter non-GAAP gross margin of about 55%, below the 56% reported in the third quarter. The company also said it expects growth to accelerate as production expands for Helios and “Venice.”
AMD previously said Helios rack-scale systems combining EPYC server processors and Instinct GPUs were in production and carrying customer workloads.
