AMD reports record Q3 revenue driven by data‑center growth as gaming sales plunge
AMD announced third‑quarter 2026 revenue of roughly $13.4 billion, up 45% year‑over‑year, powered by a 97% surge in data‑center sales. Gaming revenue fell 40% to $773 million due to weaker semi‑custom and Radeon graphics sales. The company guided fourth‑quarter revenue to about $17 billion and said server revenue will double in 2027, with data‑center sales representing more than 80% of total revenue.
Why it matters
AMD expects its server business to double in 2027, shifting the revenue mix toward data‑center products, which could boost future earnings growth (the company says). The sharp decline in gaming revenue may weigh on segment margins and investor sentiment (AMD noted).
Key facts
- 1Gaming revenue was $773 million, down 40% YoY. northeasttimes.com
- 2Data‑center revenue grew 97% year‑over‑year. northeasttimes.com
- 3Net income was $2.4 billion, or $1.46 per share. northeasttimes.com
- 4AMD guided fourth‑quarter revenue to about $17 billion, plus or minus 3%, implying roughly 66% YoY growth. northeasttimes.com
- 5AMD expects server revenue to double in 2027. northeasttimes.com
- 6AMD said data‑center sales will account for more than 80% of total revenue. northeasttimes.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.