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Advanced Micro Devices Inc., the main contender to Nvidia Corp. in the artificial intelligence chip market, failed to impress investors with its revenue forecast after an eye-popping rally sent expectations soaring.
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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.
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.
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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.
Last week, AMD released version 25.10.2 of its Adrenalin driver package for Radeon GPUs. It seemed like a relatively routine driver release with a typical list of bug fixes and game performance improvements,
AMD has posted its Q3 2025 financial results, with its Gaming revenue soaring by a massive 181% thanks to 'strong demand' for Radeon GPUs.
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.