AMD forecast revenue growth of more than 80% in 2027, above analysts’ estimate of 77%, driven largely by its data center chip business.

The chipmaker expects fourth-quarter revenue of about US$17 billion, plus or minus 3%, ahead of analysts’ estimate of US$16.23 billion.

Third-quarter data center revenue rose 97% to US$8.55 billion, helping lift total revenue 45% to US$13.38 billion.

Chief executive Lisa Su said data center chips will generate 80% of AMD’s sales next year. Revenue from the client and gaming segment, which includes PC and console chips, fell 8% to US$3.72 billion.

High-bandwidth memory remains scarce across the semiconductor industry. SK hynix said its HBM is sold out through 2029.

Microsoft said it will deploy next-generation AMD Instinct accelerators and EPYC processors. US export controls on advanced AI chips to China remain a potential constraint on demand for high-end accelerators.

🔗 Source: Reuters

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