---
title: "AMD Forecast Exceeds Estimates as AI Chip Demand Soars"
type: signal
url: https://frontiernewswire.com/s/amd-forecast-exceeds-estimates-as-ai-chip-demand-soars-edbddcf4
published: 2026-11-03T22:29:58.000Z
byline: "Source: Bloomberg Tech"
---

# AMD Forecast Exceeds Estimates as AI Chip Demand Soars

Source: Bloomberg Tech · Published 2026-11-03 · Canonical: https://frontiernewswire.com/s/amd-forecast-exceeds-estimates-as-ai-chip-demand-soars-edbddcf4

Advanced Micro Devices Inc., a key challenger to Nvidia Corp. in artificial intelligence chips, gave a revenue forecast that exceeded analysts’ estimates, showing that demand for data center processors remains strong. Fourth-quarter revenue will be $17 billion, plus or minus 3%, the chipmaker said in a statement Tuesday. The outlook provided fresh evidence that AI spending is sustainable, soothing jittery investors. We get reaction from Kunjan Sobhani, Senior Semiconductor Analyst for Bloomberg Intelligence. (Source: Bloomberg)

In this story: [AI Chips](https://frontiernewswire.com/topics/ai-chips), [AMD](https://frontiernewswire.com/companies/amd), [Nvidia](https://frontiernewswire.com/companies/nvidia), [Bloomberg Intelligence](https://frontiernewswire.com/companies/bloomberg-intelligence)

## Sources

- [Read the original at Bloomberg Tech](https://www.bloomberg.com/news/videos/2026-11-03/amd-forecast-exceeds-estimates-as-ai-chip-demand-soars-video)

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