AMD expects to outsell Intel in Q4 for the first time in history
AMD's data center business surges as strong demand for Epyc processors and Instinct accelerators continues and sales of client hardware declines only slightly.
AMD has reported its highest quarterly revenue ever, surpassing expectations and putting the company ahead of Intel for the first time in history. The surge in revenue was driven by strong demand for its Epyc data center processors and Instinct AI accelerators, which more than offset declines in client system sales. AMD's Q4 revenue guidance stands at approximately $17 billion, a 66% year-over-year increase and 27% sequential growth.
This projected revenue surpasses Intel's forecast of $15 billion to $16 billion. The data center business now accounts for 64% of AMD's revenue, and the company anticipates this share to grow to over 80% by 2027. AMD's client revenue declined modestly in Q4, while its embedded business also demonstrated strong growth, with revenue up 29% year-over-year and operating income up 60%.
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