AMD Revenues Jump 45 Percent to $13.4 Billion

AMD reports that it earned a net income of $2.4 billion on revenues of $13.4 billion in the quarter ending September 26, 2026. Those figures represent gains of 95 percent and 45 percent, respectively, year-over-year (YOY), and the revenue figure is an AMD record for the fiscal third quarter.

“We delivered a record quarter with revenue exceeding the high end of our guidance as Data Center segment sales nearly doubled year-over-year,” AMD chair and CEO Dr. Lisa Su said. “Demand for our Instinct and EPYC products continued to strengthen, and we expect growth to accelerate further in the fourth quarter as we scale Helios and ‘Venice’ production. With our leadership product portfolio and deep customer and supply chain relationships, we are confident in our ability to sustain very strong revenue growth and expanding profitability over the coming years.”

As hinted at by that quote, AMD’s AI datacenter push is responsible for all the growth and most of the revenues. Its Data Center segment delivered a record $8.5 billion in revenues in the quarter, a gain of 97 percent YOY. AMD said those results were driven by strong demand for its EPYC processors and the launch of its Instinct MI450 Series GPUs.

Client and Gaming added another $3.7 billion, a decline of 8 percent YOY, with Client business revenues at $2.6 billion (up 7 percent YOY) and Gaming business revenues down 40 percent YOY to $773 million. And the AMD Embedded segment recorded revenues of $1.1 billion, up 29 percent YOY and led by growth in aerospace and defense, automotive, communications, and industrial sales.

AMD’s bet on AI datacenter chips was aimed at giving Nvidia a run for that money. It’s fallen short of that goal so far, and dramatically, but this bet has ironically helped it overcome a major PC market downturn that’s driven by a component crisis triggered by the wider industry AI datacenter bet.