AMD on track to overtake Intel as biggest x86 outfit

What happened

AMD on Tuesday announced its Q3 2026 results: revenue grew 45 percent year-over-year to $13.4 billion, with the Data Center segment winning $8.5 billion of revenue, up 97 percent year-over-year, while its client and gaming segment slid eight percent to $3.7 billion. AMD has predicted it will win more revenue than Intel in its next quarter, potentially marking the first time it becomes the dominant vendor whose main product is x86 processors; Intel offered revenue guidance of $15 billion to $16 billion for its next quarter, which would represent almost no growth, whereas AMD told investors it expects around $17 billion of revenue next quarter. CEO Lisa Su said on the earnings call that 2027 is expected to be a strong momentum year: the overall company will grow greater than 80 percent, the data center CPU business will about double, and the data center AI business will significantly more than double; she said AMD has worked across its supply chain to secure wafers, substrates, advanced packaging, memory and other key components to support much higher growth next year. On the client side, PC chip sales rose seven percent year-over-year to $2.9 billion, which Su attributed to strong sales of Ryzen mobile processors, with large enterprises adopting Ryzen PRO PCs. AMD's share price rose by around five percent in after-hours trading following the results. The projected overtaking of Intel is a forecast and remains to be realized.

Impact and signal

Affected components and suppliers

Source and time

Source: The Register · 11/3/2026 · View original source