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AMD forecasts Q4 revenue growth of 65.5% YoY, driven by data center demand, with strong FY2027 outlook.

Company Fundamentals
11 Nov 2026, 16:19 WIB
Seeking Alpha
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Bullish
AMD forecasts Q4 revenue growth of 65.5% YoY, driven by data center demand, with strong FY2027 outlook.

Advanced Micro Devices (AMD) reported strong Q3 earnings and projects a significant acceleration in revenue growth to 65.5% year-over-year in Q4, driven largely by data center revenue expected to grow 137% YoY. Data centers are anticipated to make up 80% of total revenue by FY2027, fueling a 147.3% revenue increase that year. Despite a Q3 dip in cash flow due to inventory buildup, AMD expects a strong rebound next year. Earnings per share are set to accelerate from Q4 and could double by FY2027, potentially lowering the price-to-earnings ratio to 28x. While policy uncertainties exist, the ongoing AI investment trend supports AMD's growth, making the current market dip a buying opportunity.

AMD's market capitalization stands at $844.99 billion as of Nov 11, 2026, 21:31 WIB, with a trading volume of 46,958,570 shares on Pluang. The stock price has risen 3.55% in the past day to USD 533.50, reflecting active buying interest with 53% of orders on Pluang being buys. Typical investors hold AMD shares for about 94 days, indicating moderate-term engagement with the stock amid its growth narrative.

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