AMD Lays Out 2027: Revenue Up More Than 80%, Server Sales to Double
AMD has more than doubled off its 52-week low of $188.22.
Summary
On the Q3 call, CEO Lisa Su guided 2027 total revenue growth to more than 80%, with server revenue doubling year over year and Data Center becoming more than 80% of total revenue. That is a step up from the aggressive 2027 server growth of at least 70% laid out at the August Technology Leadership Forum. Q3 itself was already reported: record revenue of $13.4 billion, up 45%, with Data Center nearly doubling, and Q4 guided to about $17 billion. The offset is PCs — management plans for double-digit percentage declines in PC market unit shipments in 2027, while Embedded is expected to grow at a strong double-digit annual rate. CFO guidance puts Q4 non-GAAP operating expenses at roughly $3.75 billion. The 2027 frame is the number that matters: it tells traders the AI server ramp is expected to keep compounding well past the current quarter, not plateau.
At the time of this announcement, AMD was trading at $520.30 on NASDAQ in the Technology sector, with a market capitalization of approximately $790B. The 52-week trading range was $188.22 to $658.52. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.