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Nov 3, 2026

AMD forecasts faster-than-expected 2027 growth as data center sales surge

AMD forecast faster-than-expected 2027 revenue growth after data center sales nearly doubled, with shares rising 8% in extended trading as the company's challenge to Nvidia in AI chips gains momentum.

Nov 3, 2026·3 sources

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Top claims

▪Advanced Micro Devices Inc. Chief Executive Officer Lisa Su forecast that total company revenue will increase more than 80% in 2027, exceeding Wall Street expectations of 75% to 77% growth
▪Meta, Microsoft, Anthropic, OpenAI, and Oracle are beginning to use Advanced Micro Devices Inc.'s Helios full rack-scale AI systems in their data centers
▪Advanced Micro Devices Inc. forecast Q4 2026 revenue of approximately $17 billion, plus or minus 3%, beating average analyst estimates of $16.2 billion to $16.3 billion

Topics

AMD GPU Meta AI investment Compute, chips & AI infrastructure Microsoft AI accelerators AMD's acquisition of World Labs AI data centers OpenAI TSMC Muse AI chips San Francisco AI agents

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