AMD expects to outsell Intel in Q4 for the first time in history — $17B guidance would exceed Intel's projections
Summary
AMD reported Q3 2026 revenue of $13.377 billion, with data center sales at a record $8.55 billion and a gross margin of 54%. The company guided Q4 revenue to about $17 billion, which would exceed Intel's forecast and mark the first time AMD tops its rival in quarterly revenue. The results underscore AMD's focus on data center and AI accelerators (Epyc CPUs and Instinct MI455X) powering Helios systems, while client and gaming segments weaken; management also signaled a stronger trajectory for data center growth into 2027.