Send
Print
Domas Mituzas
AMD anticipates its revenue for the first quarter of 2026 to be approximately $9.8 billion, with a possible variation of plus or minus $300 million. This result is higher than the typical analyst forecast of $9.39 billion, even though some analysts had anticipated revenue surpassing $10 billion, according to Bloomberg.
AMD's MI-series accelerators are seen as main competitors to Nvidia's products and are utilized in data centers for developing and operating AI services. Bloomberg reports that AMD is still working to close the gap with Nvidia in the AI market, and some investors were expecting more substantial outcomes from AMD's investments in this sector.
AMD, similar to Nvidia, encountered U.S. restrictions on exporting chips to China, which is the world's largest market for semiconductors. President Donald Trump had initially relaxed these restrictions, but the necessary licenses from the US Department of Commerce were acquired at a later date.
In the fourth quarter, AMD earned $390 million in revenue from selling MI308 chips to customers in China. The company expects to achieve sales of $100 million in the current quarter, taking into consideration the decreasing demand for the older product. AMD plans to offer the newer MI325 processor in China, but has not yet obtained the necessary license to distribute it.
source: bloomberg.com
AMD's MI-series accelerators are seen as main competitors to Nvidia's products and are utilized in data centers for developing and operating AI services. Bloomberg reports that AMD is still working to close the gap with Nvidia in the AI market, and some investors were expecting more substantial outcomes from AMD's investments in this sector.
AMD, similar to Nvidia, encountered U.S. restrictions on exporting chips to China, which is the world's largest market for semiconductors. President Donald Trump had initially relaxed these restrictions, but the necessary licenses from the US Department of Commerce were acquired at a later date.
In the fourth quarter, AMD earned $390 million in revenue from selling MI308 chips to customers in China. The company expects to achieve sales of $100 million in the current quarter, taking into consideration the decreasing demand for the older product. AMD plans to offer the newer MI325 processor in China, but has not yet obtained the necessary license to distribute it.
source: bloomberg.com
