AMD expects about $17 billion (about Php 1.08 trillion) in revenue for Q3 2026, plus or minus 3%, the company says in an official announcement. Meanwhile, Intel says it expects $15 billion to $16 billion (about Php 953 billion to Php 1.02 trillion) – so even AMD’s low end clears Intel’s high end.
UK’s The Register reads that as AMD being on track to become the leading x86 vendor for the first time ever, though we wouldn’t go that far. CFO Jean Hu said on AMD’s earnings call that its data center AI business, built around its Instinct GPUs, will pass server CPUs this quarter and be “much higher than server business.”
The x86 label covers CPUs, and neither company’s results break out x86 sales. Intel’s client and data center groups brought in $15.4 billion (about Php 978 billion) last quarter, more than all of AMD’s $13.4 billion (about Php 851 billion).
AMD’s server chips are still doing well. Cloud and enterprise server sales both more than doubled from a year earlier, helping Data Center revenue reach a record $8.5 billion (about Php 540 billion). AMD expects that to climb about 50% from last quarter as its Helios AI racks ramp up.
Intel’s PC-focused client group is still far bigger. It took in $8.1 billion (about Php 515 billion) last quarter, down 5%, nearly three times AMD’s $2.9 billion (about Php 184 billion) in client revenue, which rose 7% on Ryzen laptop chips.
Both now expect a sharp drop. AMD forecasts client and gaming revenue down more than 20% from last quarter, and Intel forecasts the same for its client group. CEO Lisa Su said PC sales slowed late last quarter as “higher memory and component costs weighed on demand,” and Gartner counted a 22.4% drop in PC shipments over those three months. AMD is planning for a double-digit fall in PC shipments in 2027, and Intel for roughly 10%.
Console chips are slowing too. Gaming revenue at AMD fell 40% to $773 million (about Php 49 billion), mostly on lower sales of the custom chips it makes for consoles, which Su said was expected at this stage of the console cycle.
Intel CFO David Zinsner sees the PC slowdown lasting at least through the first half of next year. Good thing we have some new games coming up to tide us over eh?
