AMD Expects To Outsell Intel For the First Time
AMD expects its fourth-quarter revenue to reach roughly $17 billion, potentially surpassing Intel's projected $15 billion to $16 billion and putting AMD ahead of its longtime rival in quarterly sales for the first time. The milestone is being driven largely by booming demand for Epyc server processors and Instinct AI accelerators, with AMD's data center business already accounting for 64% of…
AMD anticipates its fourth-quarter revenue to reach approximately $17 billion, potentially outperforming Intel's projected $15 billion to $16 billion, making AMD the first company to surpass its longtime rival in quarterly sales. This significant milestone is primarily fueled by strong demand for Epyc server processors and Instinct AI accelerators, with AMD's data center business accounting for 64% of revenue, and expected to exceed 80% by 2027.
According to Tom's Hardware, the most groundbreaking aspect of AMD's earnings report is its forecast for the fourth quarter, which anticipates a 66% year-over-year increase and 27% sequential growth at the midpoint. Intel, on the other hand, expects revenue between $15 billion and $16 billion, with challenges stemming from declining PC demand and manufacturing capacity constraints.
Should AMD meet its guidance, it will not only surpass Intel's sales but also achieve a clear advantage of around $1.5 billion at the midpoint of both companies' forecasts, marking a genuine lead. This shift highlights the divergent market positions of the two companies: AMD is rapidly expanding its data center CPU and AI accelerator sectors, while Intel remains heavily reliant on PC and enterprise server processors, which are experiencing headwinds due to rising memory prices and component shortages.
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