AMD says it's going to beat Intel in total revenue for the very first time by the end of 2026

AMD has just released its latest financial results, boasting a staggering revenue of $13 billion in the most recent quarter. The company's net income also reached a record high of $2.4 billion. CFO and treasurer Jean Hu has further projected that this upward trajectory will continue, with AMD expecting to generate around $17 billion in revenue for the fourth quarter.

This projected figure would mark the first time in AMD's history that it has surpassed Intel's total revenue. Intel, on the other hand, is currently anticipating flat or slightly declining revenue figures of $15 to $16 billion. The potential for AMD to outperform Intel in terms of revenue remains a significant milestone, although it's unclear whether this will translate into a higher net income for AMD.

While AMD has consistently turned a profit since 2018, and has previously beaten Intel in profit margins, particularly in 2024 when AMD reported a profit of $1.6 billion compared to Intel's loss of $18.7 billion, the upcoming quarter could potentially prove to be a turning point in this long-standing rivalry.