[AMD's Revenue Outlook Exceeds Expectations, Shares Rise Over 7% in After-Hours Trading] Golden Finance reported on November 4th that AMD stated in a statement on Tuesday that it expects fourth-quarter revenue of $17 billion, plus or minus 3%. In comparison, analysts' average expectation was $16.3 billion. The latest outlook further indicates the sustainability of AI spending, which may help alleviate investor anxiety. In recent weeks, chipmakers and other technology companies' stock prices have plummeted due to market concerns about a bubble in the AI infrastructure industry. AMD CFO Jean Hu stated in the announcement, "Our fourth-quarter outlook reflects accelerating revenue and profit growth, driven by strong demand across our data center portfolio." Following the earnings release, AMD's stock price rose 7% in after-hours trading.