{
  "id": 18031298,
  "title": "AMD forecasts quarterly revenue above estimates as data-center revenue hits record",
  "url": "https://urgent.news/2026/11/03/amd-forecasts-quarterly-revenue-above-estimates-as-data-center-18031298",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T21:18:34.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/amd-forecasts-quarterly-revenue-above-estimates-data-center-revenue-hits-record-6517996"
  },
  "original_language": "en",
  "account": "On November 3, AMD forecasted revenue growth exceeding market expectations for the fiscal year 2027. The data-center segment of the company saw a surge in sales and is expected to drive the majority of revenue and earnings growth. The forecast and third-quarter results outperformed expectations, providing a positive counterpoint to concerns about the potential decline of the AI boom. This news contrasted with Intel's weaker outlook, which sent its shares up 8 percent in extended trading. AMD's CEO, Lisa Su, announced that 80 percent of the company's sales next year would come from data-center chips, driving revenue and earnings growth. The company's data-center revenue jumped 97 percent to a record $8.55 billion in the third quarter, surpassing estimates of $8.20 billion. Analysts see AMD's results as confirming its technology leadership and strong position to gain market share.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CNBC Technology",
        "title": "AMD stock jumps 7% on earnings as data center revenue nearly doubles",
        "url": "https://urgent.news/2026/11/03/amd-stock-jumps-7-on-earnings-as-data-center-revenue-nearly-doubles-18023404",
        "published": "2026-11-03T21:20:14.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "AMD forecasts quarterly revenue above estimates as data-centre growth accelerates",
        "url": "https://urgent.news/2026/11/03/amd-forecasts-quarterly-revenue-above-estimates-as-data-centre-growth",
        "published": "2026-11-03T22:23:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}