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AMD Forecasts 2027 Sales Above Estimates as Data-Center Business Booms
Lisa Su said data-center revenue jumped 97% to a record $8.55 billion, underscoring AMD's push to challenge Nvidia in AI chips.
Summary by Channel News Asia
5 Articles
5 Articles
AMD forecasts 2027 sales above estimates as data-center business booms
Nov 3 : AMD forecast 2027 sales above Wall Street estimates on Tuesday, largely powered by its booming data-center chip business as the company's multibillion-dollar effort to challenge Nvidia's dominance gathers pace.The upbeat forecast offered some relief to investors rattled by mounting concerns over the c
·Singapore, Singapore
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AMD's data center revenue increased by 97 percent in the third quarter, reaching $8.546 billion. CEO Lisa Su expects the segment to account for over 80 percent of total revenue by 2027.
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Cryptocurrency News | Cryptocurrency Prices | Market CapAMD expects data center to top 80% of revenue by 2027
AMD's shift to data centers signals a strategic pivot, intensifying competition with Nvidia and Intel in the lucrative server CPU market.
Coverage Details
Total News Sources5
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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