AMD projected fourth-quarter revenue of about $17 billion on Tuesday, surpassing Wall Street average estimates of $16.23 billion amid surging AI demand.
Data-center revenue surged 97% to a record $8.55 billion, and the company's shares jumped over 8% in extended trading.
CEO Lisa Su stated that the firm expects overall revenue to rise more than 80% in 2027, exceeding analysts' expectations of 77% growth.