AMD Q4 guidance of $17B puts it ahead of Intel's outlook
AMD expects fourth-quarter revenue of about $17 billion, with guidance implying a first quarterly revenue lead over Intel.
AMD said on November 10, 2026, that it expects fourth-quarter revenue of about $17 billion, with a range of roughly $16.49 billion to $17.51 billion. The guidance puts the company on track to pass Intel in quarterly revenue for the first time.
Intel guided revenue of $15 billion to $16 billion for the same period. Comparing the midpoints of the two outlooks, AMD is about $1.5 billion ahead of Intel. The figures were reported by TechRadar.
AMD's third-quarter revenue was $13.4 billion, up 45% year over year and a record high. Data center revenue in the quarter was $8.5 billion, up 97% year over year and about 64% of total revenue.
CEO Lisa Su said Instinct MI455X accelerators and Helios rack systems began contributing to revenue from the third quarter. Anthropic, Meta, Microsoft, OpenAI and Oracle have deployed early systems, and shipments of the 2nm EPYC Venice processor have begun.
CFO Jean Hu expects data center revenue to grow about 50% quarter over quarter in the fourth quarter. Hu also expects AI accelerator and rack system revenue to exceed server CPU revenue for the first time.
Quick answers
What is AMD's fourth-quarter revenue guidance?
AMD guided fourth-quarter revenue at $17 billion, with a range of roughly $16.49 billion to $17.51 billion.
How does AMD's outlook compare with Intel's?
Intel guided revenue of $15 billion to $16 billion for the same period. At the midpoints, AMD is about $1.5 billion ahead.
Which AMD products are contributing to revenue?
Lisa Su said Instinct MI455X accelerators and Helios rack systems began contributing to revenue from the third quarter, and shipments of the 2nm EPYC Venice processor have begun.