AMD reported third-quarter revenue of $13.377 billion, up 45% from a year earlier, as demand for AI infrastructure drove a sharp expansion of its data-centre business. The results were released after US markets closed on 3 November.
Data-centre revenue reached $8.5 billion, a 97% increase. Instinct MI450 graphics processors and EPYC server processors were central to the growth, putting large computing projects at the heart of the company’s expansion.
Net income under US accounting rules was $2.428 billion, with diluted earnings of $1.46 a share. Adjusted earnings were $2.09 a share; that measure excludes certain costs and should not be confused with the accounting result.
The picture was less uniform elsewhere. Combined client and gaming revenue fell 8% to $3.7 billion. Client revenue rose 7% to $2.9 billion, but gaming dropped 40% to $773 million. Embedded revenue increased 29% to $1.1 billion.
For the fourth quarter, AMD forecasts revenue of about $17 billion, plus or minus 3%. That is guidance, not an achieved result. The contrast between booming AI infrastructure and weaker gaming shows how dependent the next stage of growth is on delivering large computing deployments.
