AMD Raises GPU Revenue Guides to $5B+, Fuels 260% Stock Surge
INTC•AMD posted a 260% gain from June 2025 to June 2026 after raising Data Center GPU revenue guidance from $2B to over $5B and ramping its MI355X AI chip ahead of schedule with Oracle's multibillion-dollar commitment. This surging demand heightens competition in AI hardware, pressuring Intel's data center business.
1. Guidance Upgrades
AMD raised its Data Center GPU revenue forecast from $2 billion at the start of 2024 to $4.5 billion by midyear, then lifted it again to exceed $5 billion within the same fiscal year as enterprise AI adoption accelerated.
2. MI355X Production Acceleration
To meet unprecedented demand, AMD moved its next-generation MI355X AI accelerator ahead of schedule and advanced shipments to midyear, signaling that customers were pulling future production forward to secure chips.
3. Oracle Partnership and Intel Implications
In its fiscal Q1 2025 disclosure, AMD announced a multibillion-dollar initiative with Oracle to deploy MI355X-powered clusters, underscoring intensifying competition that could erode market share in Intel's data center segment.
