# AMD shares jump as AI-driven data-center strength fuels growth outlook

- URL: https://talkfuse.com/story/amd-shares-jump-as-ai-driven-data-center-strength-fuels-growth-outlook/
- Published: 2026-11-04T09:53:37+00:00
- Updated: 2026-11-06T02:42:47+00:00
- Original publisher: CNA (publisher lean: Centre)
- Original article: https://www.channelnewsasia.com/business/amd-shares-jump-ai-driven-data-center-strength-fuels-growth-outlook-6523551
- Topics: AI, Business, Markets, Technology, World

## Key points

- AMD shares gained 3 per cent after a stronger growth forecast.
- Data-centre revenue rose 97 per cent to $8.55 billion.
- AMD expects overall revenue to grow more than 80 per cent in 2027.

## Summary

AMD shares rose 3 per cent in early trading after the chipmaker forecast revenue growth of more than 80 per cent in 2027, signalling confidence in sustained demand for AI computing. Its outlook suggests that spending is benefiting server processors as well as AI accelerators, potentially broadening the market beyond Nvidia and strengthening AMD’s position as an alternative.

AMD’s third-quarter data-centre revenue climbed 97 per cent to $8.55 billion, exceeding analysts’ $8.20 billion estimate. The company’s shares have gained about 126 per cent this year, and it trades at roughly 31 times forward earnings, compared with 14 times for Nvidia and 16.5 times for Broadcom. Analysts see scope for further market-share gains, though some caution that server CPU growth may be constrained by an industry-wide shortage.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.