AMD Third-quarter revenue increased by 45% year-on-year to $13.377 billion
2026-11-04 23:13:03
According to CoinMeta, AMD ( AMD.US ) reported a 45% year-over-year increase in revenue for the third quarter, reaching $13.377 billion, setting a new record for a single quarter. Non- GAAP earnings per share also increased by 74% to $2.09, exceeding market expectations. Among these, data center revenue grew by 97% to $8.546 billion, accounting for approximately 64% of the company's total revenue. In addition, AMD provided positive guidance for the fourth quarter, anticipating revenue of around $17 billion (with a 3% margin of error), which would set another record high for a single quarter, representing a year-over-year increase of about 66% and a quarter-over-quarter increase of about 27%. AMD CEO Su Zifeng stated that demand for the company's Instinct and EPYC products continues to rise. With the increased production of rack-level AI systems Helios and the sixth-generation EPYC (Xiaolong) servers CPU Venice, revenue is expected to grow even more rapidly in the fourth quarter.
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Source:Internet
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