Overview
- AMD, which reported third-quarter results on Tuesday, Nov. 3, posted record revenue of about $13.38–13.4 billion and adjusted EPS of $2.09.
- Data-center revenue nearly doubled to roughly $8.55 billion, making the unit the majority of sales and accounting for roughly 58–64% of total revenue in the quarter.
- Management guided fourth-quarter revenue to about $17 billion and expects overall revenue to rise more than 80% in 2027 while data-center share moves toward or above 80%.
- The company said Helios rack systems and Instinct MI4xx GPUs are in production and being tested by hyperscalers, but AMD warned that memory shortages, PC/gaming weakness, and execution risk on the Helios/MI4xx ramp remain near-term headwinds.
- Shares jumped in extended trading as investors priced in sustained AI infrastructure demand, a competitive gain versus Intel and Nvidia, and growing revenue concentration that makes upcoming Q4 results and Helios adoption key checkpoints.