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AMD posts record $13.4B Q3 revenue, driven by 97% growth in Data Center segment

Company Fundamentals
03 Nov 2026, 23:15 WIB
GlobeNewsWire
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Bullish
AMD posts record $13.4B Q3 revenue, driven by 97% growth in Data Center segment

AMD reported a record third quarter 2026 with $13.4 billion in revenue, a 45% increase year-over-year, led by a 97% surge in its Data Center segment fueled by strong sales of EPYC CPUs and Instinct GPUs. The company achieved a 54% gross margin and $2.4 billion net income, with non-GAAP earnings per share rising 74% to $2.09. AMD expects continued growth in Q4 2026, projecting revenue around $17 billion, driven by expanding demand and production scaling of its AI-focused products. This strong performance underscores AMD's leadership in AI and data center markets amid strategic partnerships and acquisitions.

AMD's third quarter 2026 results provide context for the technology sector, where 94 of 150 US stocks traded on Pluang rose as of Nov 04, 2026 03:41 WIB. Among notable movers, Bitdeer Technologies Group (BTDR) gained 12.16% with 100% buy orders, contrasting with Gartner Inc (IT) which fell 12.55% despite a 60% buy order activity. Iris Energy Limited (IREN) rose 11.51% but saw 95% sell orders, highlighting diverse investor behavior within the sector.

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