AMD expects to outsell Intel in Q4 for the first time in history

AMD reported record Q3 revenue of $13.4 billion, driven primarily by surging demand for its Epyc data center processors and AI accelerators, which now account for 64% of company revenue. The company projects Q4 revenue of approximately $17 billion, which would make it the first time AMD outsells Intel in a single quarter in history. AMD expects its data center business to comprise over 80% of total revenue by 2027, with server CPU revenue and AI accelerator revenue projected to more than double that year.