AMD forecasts Q4 revenue near $17 billion on AI chip demand
In short
AMD said it expects about $17 billion in revenue in the fourth quarter because demand for its AI chips is strong.
Its data-centre revenue rose 97% from a year earlier, but the company still faces a shortage of high-bandwidth memory. That could limit how much it can ship.
What the reporting says
AMD forecast fourth-quarter revenue of about $17 billion, citing strong demand for its AI chips. The company also guided for an adjusted gross margin of 55%, slightly below analyst expectations, while data-centre revenue rose 97% year on year. The report also says AMD is struggling to source high-bandwidth memory, which remains a supply risk for its AI processors.
Why it matters
AMD said fourth-quarter revenue should reach about $17 billion, helped by demand for AI chips. The company also pointed to a 97% year-on-year jump in data-centre revenue, but its 55% adjusted gross margin guidance was slightly below expectations. The reporting also flags high-bandwidth memory shortages, which could affect AMD’s AI processor supply and near-term sales.