The Advanced Micro Devices (AMD) headquarters in Santa Clara, California, US, on Monday, Oct. 6, 2025. Advanced Micro Devices Inc. inked a deal with OpenAI to roll out AI infrastructure in a pact the chipmaker said could generate tens of billions of dollars in new revenue. Photo by David Paul Morris / Bloomberg

(Bloomberg) — Advanced Micro Devices Inc., the main contender to Nvidia Corp. in the artificial intelligence chip market, failed to impress investors with its revenue forecast after an eye-popping rally sent expectations soaring.

Fourth-quarter revenue will be roughly $9.6 billion, the company said in a statement Tuesday. Though analysts had estimated $9.2 billion on average, some projections ranged as high as $9.9 billion.

Investors have bet heavily on AMD following blockbus

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