AMD Reports Record Q3 2026 Results: Revenue Surges 45% to $13.377 Billion

Key summary

AMD announced record Q3 2026 results, with total revenue of $13.377 billion, an increase of 45% year-over-year. Gross margin was 54%, and net income according to GAAP increased by 95% to $2.428 billion. The Data Center segment saw a significant increase in revenue, up 97% to $8.546 billion, driven by demand for EPYC and the new MI450 GPU. The Client and Gaming segments decreased by 8% to $3.722 billion, with Client increasing by 7% but Gaming decreasing by 40% due to a decline in custom chip orders. The Embedded segment increased by 29% to $1.109 billion, driven by orders from the aerospace, military, automotive, and telecommunications industries. CEO Dr. Lisa Su stated that server revenue is expected to double in 2027. The demand for AI is growing faster than previously estimated, requiring adjustments to the supply chain. The initial status is that the deployment of AI can still be expanded further depending on the complexity of the tasks.