AMD Forecasts Quarterly Revenue Above Estimates
AMD expects its next quarter's revenue to beat analyst estimates. Its data-center revenue nearly doubled in the third quarter. The company is gaining as AI work shifts toward running models in real-world applications, which boosts demand for its chips.
Quick glossaryAMD, data-center, graphics processing units
- AMD
- Advanced Micro Devices, a US chipmaker best known for its processors and graphics chips that compete with Intel and Nvidia.
- data-center
- Large buildings full of servers that run websites, apps and AI services for businesses and users.
- graphics processing units
- Specialised chips that handle many calculations at once, widely used to train and run AI models.
Burning Potato score: 64%