No. AMD’s November 3, 2026 announcement put its Q4 revenue forecast at about $17 billion, with a ±3% tolerance. The Register reported Intel’s next-quarter guidance at $15 billion to $16 billion. Both figures are company-wide outlooks, not completed results for x86 processor revenue.
What the revenue forecasts measure
AMD’s outlook covers revenue across the company. Intel’s reported figure is also company-wide revenue guidance. Comparing the two can indicate how the companies’ overall revenue outlooks line up, but it does not isolate sales of x86 processors.
AMD’s Q3 results show why the distinction matters. Its Data Center segment includes revenue driven by demand for EPYC processors and the launch of Instinct MI450 Series GPUs. AMD also reports separate Client and Gaming and Embedded segments, so its total revenue includes businesses beyond x86 CPUs.
AMD’s Q3 2026 revenue by segment
AMD reported $13.377 billion in Q3 2026 revenue, up 45% year over year. Its segment results show how that company-wide total was distributed. AMD’s Q3 2026 results report the following figures:
| AMD segment | Q3 2026 revenue | Change year over year |
| Data Center | $8.5 billion | +97% |
| Client and Gaming | $3.7 billion | −8% |
| Client | $2.9 billion | +7% |
| Gaming | $773 million | −40% |
| Embedded | $1.1 billion | +29% |
Client and Gaming is the combined segment; Client and Gaming below it are its separate reported components. Data Center’s $8.5 billion includes both processor and GPU-related demand, so it is not an x86-CPU revenue figure.
How wide is AMD’s Q4 outlook?
AMD’s forecast of about $17 billion, plus or minus 3%, works out to a calculated range of approximately $16.49 billion to $17.51 billion. The low end is $0.49 billion above the $16 billion high end of Intel’s next-quarter range as reported by The Register. That comparison is between company-wide revenue outlooks.
