AMD Forecasts $17 Billion Q4 Revenue on Strong AI Data-Center Demand
AMD forecasted fourth-quarter revenue of about $17 billion, surpassing Wall Street estimates, driven by record data-center sales amid strong AI chip demand. Data-center revenue rose 97% to $8.55 billion, beating estimates. CEO Lisa Su expects overall revenue growth of over 80% in 2027, exceeding analyst predictions. AMD shares rose over 8% in extended trading, reflecting investor confidence.
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