超微电脑依然预计未来增长强劲，尽管面临法律调查，公司仍给出了第四季度营收110亿至125亿美元、2026全年营收389亿至404亿美元的业绩指引。
最新一季度的数据提供了部分背景信息。第三季度营收为102亿美元，同比增长123%，但较上一季度下降19%，原因是部分客户未准备好按时部署系统。管理层表示，这更多是时间安排问题而非需求流失，预计该部分营收将在未来几个季度体现。利润率也有所改善，非美国通用会计准则毛利率受益于产品组合优化，上升至10.1%。
更大的驱动力仍然是人工智能。目前超过80%的营收与GPU相关平台挂钩，公司正努力从单纯的服务器销售转向提供完整的数据中心解决方案。话虽如此，近期利润率仍面临压力，第四季度毛利率预计在8.2%至8.4%之间，具体取决于客户组合和成本。
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