AMD rides data center riches to ‘largest and most profitable’ quarter in history
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TL;DR
- AMD achieved its largest and most profitable quarter in history in Q3 2026, reporting $13.4 billion in revenue.
- The company's data center business is the primary growth driver, generating $8.5 billion in Q3 2026 revenue.
- AMD anticipates revenue to grow over 80% in 2027, with data centers becoming the largest contributor.
- Data center revenue comprised approximately 63% of AMD's net quarterly revenue in Q3 2026.
- In contrast, AMD's gaming business declined by 40% year-over-year, reaching $773 million.
- Shortages of RAM and other components, exacerbated by AI data center demand, are driving price hikes in PCs and gaming consoles.
- These price increases are expected to lead to a slowdown in consumer markets, with AMD planning for a down year in 2027 for consumer-facing products.