{
  "id": 18065245,
  "title": "AMD forecast eases AI spending fears as data-center sales surge",
  "url": "https://urgent.news/2026/11/04/amd-forecast-eases-ai-spending-fears-as-data-center-sales-surge",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-04T03:26:43.000Z",
  "source": {
    "name": "The Indian Express",
    "slug": "the-indian-express",
    "url": "https://indianexpress.com/article/technology/tech-news-technology/amd-forecast-eases-ai-spending-fears-as-data-center-sales-surge-10949740/"
  },
  "original_language": "en",
  "account": "AMD has tempered investor concerns about the AI boom by forecasting faster-than-expected growth through 2027, with data-center sales surging and its competitive edge against Nvidia expanding. CEO Lisa Su projected overall revenue to increase by more than 80% next year, with 80% of sales coming from data-center chips. Data-center revenue reached a record $8.55 billion in the third quarter, surpassing expectations of $8.20 billion. AMD anticipates fourth-quarter revenue of approximately $17 billion, exceeding analysts' average estimate of $16.23 billion. The company's graphics processing units and central processors are poised to benefit from the AI data-center buildout. AMD's stock rose 8% in extended trading following data-center sales surges and strong third-quarter results, providing a much-needed boost for AI infrastructure and the PC market. AMD has intensified its AI product rollouts, with its flagship Helios rack featuring MI455X accelerator and new Venice server chips in production and set for a larger ramp-up in the fourth quarter. The company's adjusted gross margin is expected to be around 55%, aligning with estimates. However, AMD's PC segment experienced an 8% decline in third-quarter revenue to $3.72 billion, missing expectations of $3.79 billion. Despite this, AMD CEO Lisa Su expressed confidence in outperforming the market. Intel recently forecasted a decline in chip revenue of about 20% for its fourth quarter, with the slump expected to persist into 2027.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "AMD forecast eases AI spending fears as data-center sales surge",
        "url": "https://urgent.news/2026/11/03/amd-forecast-eases-ai-spending-fears-as-data-center-sales-surge",
        "published": "2026-11-03T21:18:34.000Z"
      }
    ]
  },
  "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."
}