Business · Companies · 52 mins ago
AMD revenue rises 45% as AI chip demand drives growth
AMD reported a 45% rise in third-quarter revenue to $13.4 billion, announcing the results in Santa Clara.
The company said strong demand for chips used in AI continued to drive its growth.
Operating profit also climbed 123% to $2.8 billion, and both revenue and profit beat expectations.
AMD expects about $17 billion in revenue this quarter, nearly two-thirds more than in the same quarter of 2025.
After the results, AMD shares rose more than 7% in after-hours trading to nearly $520, following a fall of about 30% from an early October record high.
The forecast points to further growth, while the results underline how demand for AI hardware is helping AMD expand.
AMD reported third-quarter revenue of US$13.377 billion, up 45% from a year earlier and above analyst expectations.
Data centre revenue rose 97% to a record US$8.5 billion, supported by demand for AMD’s processors and graphics chips.
The company forecast fourth-quarter revenue of about US$17 billion, above the average analyst estimate.
AMD shares rose in after-hours trading, with reports putting the gain between 7.7% and 9%.
AMD’s client and gaming segment revenue fell 8% to US$3.72 billion.
- Who
- Advanced Micro Devices (AMD), the US semiconductor company.
- What
- It reported third-quarter revenue growth of 45% and forecast fourth-quarter revenue of about US$17 billion.
- When
- The results were announced on Tuesday, November 3, 2026.
- Where
- Not stated
- Why
- Strong demand for data centre chips, including EPYC processors and GPUs, drove growth.
This story does not have two clearly opposing sides.
AMD announced its third-quarter results and fourth-quarter revenue forecast.
AMD shares rose in after-hours trading, with outlets reporting gains ranging from 7.7% to 9%.
AMD expects revenue of about US$17 billion, plus or minus 3%.
- Third-quarter revenue
- US$13.377 billion, up 45% year over year
- Data centre revenue
- US$8.5 billion, up 97% year over year
- Fourth-quarter revenue forecast
- About US$17 billion, plus or minus 3%
- Adjusted earnings per share
- US$2.09
- Client and gaming revenue
- US$3.72 billion, down 8% year over year
11 sources
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What people are saying
Nossa perspectiva para o quarto trimestre reflete a aceleração do crescimento da receita e dos lucros, impulsionada pela forte demanda em todo o nosso portfólio de data center
La demanda de nuestros productos Instinct y EPYC siguió fortaleciéndose, y esperamos que el crecimiento se acelere aún más en el cuarto trimestre a medida que ampliamos la producción de (la plataforma integrada de inteligencia artificial) Helios y (la CPU) Venice
The AMD numbers provide a greatly needed boost both for AI infrastructure and even, to a smaller degree, the PC market