Advanced Micro Devices (AMD) reported faster growth in its Data Center business than across the company, while its latest revenue forecast signaled a higher annual growth rate for the fourth quarter.
AMD’s Nov. 3 guidance put fourth-quarter revenue at about $17 billion, with a 3% variation; the midpoint would mean 66% year-over-year growth.
For the third quarter, AMD reported revenue of $13.377 billion, up 45%. Data Center contributed about $8.5 billion, a 97% year-over-year gain.
Nvidia set its earnings call for 5 p.m. ET on Nov. 17; its fiscal 2027 third-quarter results are due around 4:20 p.m. ET.
