AMD expects 2027 operating expenses to grow slower than revenue

AMD said it expects operating expenses in 2027 to grow more slowly than revenue, signaling spending discipline alongside its push into data center and AI hardware. The guidance frames cost growth as trailing top-line expansion, a contrast to the heavier expense trajectories some AI-focused peers have guided toward. Investors will watch whether data center demand can sustain revenue growth fast enough to keep opex growth below it, and whether that operating leverage shows up in margins.