AMD guides $17B Q4, $800M above consensus, as data center revenue jumps 97%

ryanshrout · x · 2026-11-04

AMD reported Q3 revenue of $13.38B (up 45%) with data center revenue of $8.5B (up 97%), now 64% of total. It guided Q4 to $17B, about $800M above analyst average, expecting data center to grow 50% sequentially to $12.8B. The contrast with Intel is stark: Intel's 78% data center growth was supply-constrained and its stock fell 29% on a weak guide. AMD cites agentic workloads and host CPU demand driving EPYC sales.

Related event: AMD Q3 Beats Across the Board as Data Center Revenue Nearly Doubles and Long-Term Guidance Raised(11 posts)→

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