AMD expects to outsell Intel in Q4 for first time
The gist
AMD guided Q4 2026 revenue to about $17 billion, above Intel's $15 billion to $16 billion forecast.
If both hit targets, AMD would outsell Intel for the first time in history.
How it unfolded
- 2024 (Q4)AMD outsold Intel in the data center space for the first time in history; AMD's Q4 2024 revenue was $7.658 billion, up 24% year-over-year, while Intel's Data Center and AI unit posted $3.4 billion.
- Last week (before Nov 4, 2026)Intel guided Q4 sales below expectations and flagged persisting weakness in the PC market; Intel shares plummeted more than 20% in a day after its report.
- Nov 3, 2026AMD reported record Q3 2026 revenue of $13.377 billion, net income up 95% to $2.43 billion, and data center revenue a record $8.55 billion, up 97% year-over-year. It guided Q4 to about $17 billion, plus or minus 3%, above the analyst target of $16.3 billion.