AMD Is Growing Twice as Fast as Intel. Here's Where the Gap Is Coming From
Key takeaways
- AMD’s rapid data‑center growth is widening the gap with Intel, but Intel still leads in total revenue and faces supply‑chain challenges.
- AMD Q3 2026 revenue $13.4 billion (+45%)
- Intel Q3 2026 revenue $16.5 billion (+21%)
- AMD data‑center revenue $8.55 billion (+97%)
What happened
AMD posted third‑quarter 2026 revenue of $13.4 billion, up 45% Year over year — compared with the same period last year.YoY
Why it matters
AMD’s faster growth shows it is capturing more of the expanding AI and server market, while Intel’s larger size is offset by weaker PC demand. The double‑digit growth in AMD’s data‑center revenue signals a shift in the semiconductor landscape toward AI‑enabled workloads.
Short-term and longer-term
Short-term. Over the next few days, watch AMD’s stock for reactions to its Q4 revenue outlook of ~$17 billion, which implies ~66% annual growth.
Longer-term. For the coming months, the key question is whether AMD can convert its AI and server CPU momentum into sustained market‑share gains and stronger profitability.
Words on this card
- EPYC
- AMD’s line of server CPUs designed for high‑performance computing
- Instinct AI accelerators
- AMD’s AI‑specific chips that boost machine‑learning workloads
- Xeon
- Intel’s server CPU brand
- PC business
- Intel’s traditional personal computer processor sales
- data‑center business
- Revenue from servers and AI chips used in large data centers
- YoY
- Year over year — compared with the same period last year.