AMD expects fourth-quarter revenue to reach $17 billion, according to a Tom's Hardware report on Nov 4. The guidance tops Intel's revenue forecast for the same period, meaning AMD could outsell Intel for the first time in history. Meanwhile, AMD and Super Micro (SMCI) both beat market expectations with their third-quarter results released on Nov 3, sending shares of both companies higher in after-hours trading.
Data center business becomes growth engine
AMD's data center business continues to grow strongly, driven mainly by robust demand for Epyc processors and Instinct accelerators. Client hardware sales slipped only slightly and did not weigh on overall momentum. According to Tom's Hardware, the standout data center performance is the key support behind AMD's high $17 billion guidance.
Q3 beats expectations, after-hours shares rise
On Nov 3, AMD and Super Micro released third-quarter earnings on the same day. According to kaopunews, both companies beat market expectations on revenue and earnings per share, driving their shares up in after-hours trading. The results provide recent evidence for AMD's optimistic fourth-quarter guidance.
A landmark shift in the industry landscape
If AMD's fourth-quarter revenue surpasses Intel's as expected, it would mark a landmark turning point in semiconductor industry competition. Intel has long dominated CPU sales, and AMD has now achieved a historic upset on the back of strong demand for its data center products. The market is watching how the two companies' shares shift in the data center and client markets, and how Intel responds to the competitive pressure.