AMD Reports $13.4 Billion in Revenue Amid Data Center Business Growth
AMD reported record revenue of $13.4 billion for Q3 2026, with data center sales surging 97% year-over-year to $8.5 billion.
In Q3 2026, AMD's revenue increased by 45% year-over-year to $13.4 billion. GAAP net income rose by 95% to $2.4 billion, while diluted earnings per share reached $1.46. For Q4, the company forecasts revenue of $17 billion.
The primary driver of growth was data centers, with revenue reaching $8.5 billion due to demand for AMD EPYC processors and the launch of AMD Instinct MI450 graphics accelerators. AMD Chair and CEO Lisa Su expects the company's revenue to grow by more than 80% in 2027, with data centers remaining the largest source of growth.
AMD CFO Jean Hu stated that data centers could account for more than 80% of the company's total revenue in 2027. Meanwhile, gaming business revenue declined by 40% year-over-year to $773 million due to lower sales of semi-custom solutions and graphics. Su also noted that AMD anticipates a challenging 2027 amid rising component prices and slowing consumer electronics sales.
