Data center sales jump 97% and drive revenue growth for "AMD"

AMD's revenue rose 45% to $13.38 billion in the third quarter of 2026, driven by a 97% surge in data center sales reaching $8.55 billion. The company expects revenue of about $17 billion in the final quarter.

AMD announced a 45% increase in revenue for the third quarter of 2026, reaching $13.38 billion, driven by a 97% jump in data center sales to $8.55 billion. The company expects revenue of about $17 billion in the final quarter of the year, with a margin of plus or minus 3%. It attributed the growth to rising demand for "Epyc" server processors and the launch of new "Instinct" series AI accelerators. In contrast, gaming segment sales fell 40%. CEO Lisa Su said demand for the company's products exceeds current supply, prompting collaboration with suppliers to increase production capacity. The company expects revenue growth of over 80% in 2027, surpassing analyst estimates of 77%, according to LSEG data. The results followed weak forecasts from competitor Intel.