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AMD's Revenue Soars as AI Demand Fuels Data Center Growth, While PC Sales Face Decline

AMD's Revenue Soars as AI Demand Fuels Data Center Growth, While PC Sales Face Decline

AMD expects more than 80% revenue growth in 2027, led by data centers
AMD expects more than 80% revenue growth in 2027, led by data centers

AMD expects company-wide revenue to grow more than 80% in 2027, an expansion increasingly dependent on delivering AI systems and server processors at scale. Data centers already generate nearly...

AMD stock surges over 7% as AI chip boom drives 97% growth in data center sales
AMD stock surges over 7% as AI chip boom drives 97% growth in data center sales

AMD shares shot up more than 6% Tuesday night after the chipmaker said its data center business grew 97% in the third quarter. The AMD stock surged by as much as 8% after hours as investors got...

AMD sales forecast tops estimates on soaring AI chip demand
AMD sales forecast tops estimates on soaring AI chip demand

AMD sales forecast beats estimates on strong AI chip demand and data centre growth

AMD posts record $13.4 billion revenue as AI boom fuels growth, but gaming sales are down 40%
AMD posts record $13.4 billion revenue as AI boom fuels growth, but gaming sales are down 40%

The data center segment, which includes both product lines, produced $8.5 billion of the total, or about 63% of net revenue. AMD expects to set another record next quarter with about $17 billion...

AMD plans for a weaker PC market in 2027 as embedded growth gains momentum
AMD plans for a weaker PC market in 2027 as embedded growth gains momentum

AMD is preparing for another difficult year in PCs even as demand for its data center products exceeds available supply. The company's earnings call exposed the widening gap between its...

AMD Expects PC Sales to Decline in 2027 Alongside Industry
AMD Expects PC Sales to Decline in 2027 Alongside Industry

During its Q3 2026 quarterly results, AMD CEO Dr. Lisa Su expressed expectations that its client PC business will decline significantly in 2027, possibly by double-digit percentage points. The...

AMD Reports Record $13.4B Third Quarter 2026 Revenue
AMD Reports Record $13.4B Third Quarter 2026 Revenue

AMD (NASDAQ:AMD) today announced financial results for the third quarter of 2026. Third quarter revenue was $13.4 billion, gross margin was 54%, operating income was $2.8 billion, net income was...

AMD rides data center riches to ‘largest and most profitable’ quarter in history
AMD rides data center riches to ‘largest and most profitable’ quarter in history

AMD CEO Lisa Su said in the company's quarterly earnings call on Tuesday that Q3 2026 was "was the largest and most profitable in our history." AMD reported a record $13.4 billion in quarterly...

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