AMD Posts Record $13.4 Billion Quarter as Data-Centre Revenue Nearly Doubles
Written by AI from techflowpost.com's report. Not checked by a person.
Advanced Micro Devices reported Q3 revenue of $13.38 billion — up 45% year-on-year — with its data-centre segment alone reaching a record $8.5 billion, driven by surging demand for AI chips, while fourth-quarter guidance of roughly $17 billion topped analyst expectations.
Advanced Micro Devices posted a strong third quarter, reporting revenue of $13.38 billion — a 45% year-on-year increase — topping the LSEG analyst estimate of $13.09 billion. Adjusted earnings per share came in at $2.09, ahead of the forecast of $1.95. The standout driver was the data-centre segment, which surged 97% year-on-year to a record $8.5 billion, fuelled by strong demand for EPYC server processors and MI450 series GPUs. Client and gaming revenue totalled $3.7 billion, down 8% annually, with gaming specifically falling 40%.
Looking ahead, AMD guided fourth-quarter revenue to approximately $17 billion — roughly 66% above the year-earlier figure and a 27% sequential rise — comfortably beating the analyst consensus of $16.23 billion. CEO Dr. Lisa Su added on the earnings call that server revenue is expected to double year-on-year by 2027.
AMD shares rose 3.65% to $483.90 during the regular session and then surged nearly 9% in after-hours trading following the results, before moderating to around a 4% gain. The results reinforce AMD's growing competitive position in the data-centre GPU market and reflect sustained corporate demand for AI infrastructure.
