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Fourth-quarter revenue will be roughly $9.6 billion, the company said in a statement Tuesday. Though analysts had estimated $9.2 billion on average, some projections ranged as high as $9.9 billion.Investors have bet heavily on AMD following blockbuster agreements with OpenAI and Oracle Corp.
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Advanced Micro Devices forecast fourth-quarter revenue above market estimates on Tuesday, betting on the multibillion-dollar expansions of data center infrastructure to boost demand for its artificial intelligence chips.
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AMD Forecasts Fourth-Quarter Revenue Above Estimates on Strong AI Chip Demand
Preliminary results from research firm Gartner show an 8% boost in worldwide third-quarter PC shipments. For the fourth quarter, AMD expects adjusted gross margin of 54%, compared with estimates of 54.5%. In the third quarter, it recorded an adjusted gross margin of 54%, which slightly topped estimates.
AMD stock crashed 3.7% to $250.05 despite posting record Q3 2025 earnings. The chipmaker reported $9.25 billion in revenue, up 36% year-over-year, and $1.20 EPS, beating forecasts. Strong AI chip demand and new deals with OpenAI and Oracle pushed data center revenue to $4.
On the strength of its Data Center and gaming sectors, AMD has reported a $9.2 billion quarterly revenue figure.
AMD (AMD) shares were active in extended trading on Tuesday after the semiconductor company reported third-quarter results. Read for more.
AMD said Tuesday that a “sharp” jump in sales for the company’s CPUs across the PC and segments as well as its Instinct data center GPUs allowed it to deliver a record revenue of $9.2 billion for the third quarter as it teased deeper ties with OpenAI.
Stock market today: Dow, S&P 500, Nasdaq futures sink after tech sell-off, AMD slides after earnings
US stock futures dropped Tuesday night following a rough trading session that saw all three major averages close deeply the red. On the data front, traders will look to the ADP private payrolls report on Wednesday for clues about the labor market,