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AMD Beats Q3, Lifts Outlook as Su Confirms 2nm EPYC for 2026 and Next‑Year Helios AI GPU

Raised outlook reflects accelerating AI‑driven data‑center demand.

Overview

  • Revenue reached $9.25 billion, up 36% year over year, with adjusted EPS of $1.20, topping Wall Street estimates.
  • Management guided Q4 revenue to about $9.6 billion with an adjusted gross margin of 54.5%, and said the outlook excludes MI308 shipments to China.
  • Data‑center sales rose to $4.34 billion, up 22% year over year, while client revenue grew 46% and gaming surged 181%.
  • AMD highlighted large AI deals, including OpenAI’s plan to deploy about 6 GW of Instinct GPUs with a potential 10% equity stake, and Oracle’s plan to add 50,000 MI450 chips next year.
  • CEO Lisa Su confirmed a 2026 launch for 2nm Zen 6 EPYC “Venice” and previewed the Helios MI400‑based solution for next year with roughly 40 PFLOPs of compute, 432 GB of HBM4, and 19.6 TB/s bandwidth.