The chipmaker achieved a 45% annual increase in total sales during the third quarter, with data centre revenue reaching a record $8.5 billion. Next quarter, revenue is projected to hit roughly $17 billion as artificial intelligence product sales eclipse traditional server CPUs. Long-term expansion relies on the ramp-up of upcoming Venice processors and Helios systems to alleviate persistent hardware shortages. Continued momentum hinges on whether production can scale fast enough to meet aggressive targets through 2027.
Key points
Anticipated fourth-quarter revenue of around $17 billion will mark the point where data c…: Anticipated fourth-quarter revenue of around $17 billion will mark the point where data centre AI revenue surpasses server CPU revenue.
Projected 2027 revenue growth exceeding 80% depends heavily on expanding production of He…: Projected 2027 revenue growth exceeding 80% depends heavily on expanding production of Helios systems and Venice processors.
Persistent manufacturing capacity limits mean market demand for data centre chips current…: Persistent manufacturing capacity limits mean market demand for data centre chips currently outpaces the company's output capability.
Sources checked by our analysis pipeline: 1
Advanced Micro Devices (AMD) reported record third-quarter 2026 revenue of $13.4 billion, marking a 45% increase from a year earlier. The chipmaker also beat Wall Street expectations, supported by strong demand for artificial intelligence processors and data centre products. Non-GAAP earnings per share rose 74% year-on-year to $2.09, compared with analysts' estimates of $1.94. (Sources: CNBC, Digitimes, Yahoo Finance)
AP
2/5
AMD data centre revenue nearly doubles, climbs 97%
AMD's data centre business emerged as the biggest growth driver, with revenue surging 97% year-on-year to a record $8.5 billion in the third quarter. The segment accounted for around 64% of the company's total revenue, reflecting growing demand for AMD's EPYC server processors and Instinct AI accelerators. Data centre operating margins also expanded to 34% from 25% a year earlier.
Agencies
3/5
AMD forecasts Q4 revenue of $17 billio
AMD expects fourth-quarter revenue of approximately $17 billion, plus or minus 3%, indicating continued momentum in its AI and data centre businesses. The company anticipates further growth as production of its next-generation Helios systems and Venice processors scales up. Management also expects…
Strong operational uptake in India's city gas and fertilizer sectors helped cushion geopolitical supply disruptions from traditional West Asian suppliers through alternative international spot cargoes. However, the gas importer's underlying core operational profit contracted, raising doubts about the durability of its financial performance. Heavy reliance on temporary inventory windfalls creates operational vulnerability as major infrastructure connections face continued execution delays.
Regulators organized the massive transaction to resolve lingering market uncertainty after a financial crisis impacted more than 455,000 investors across 131 funds. The structured equity sale aims to stabilize Turkish equity markets following a steep mid-September downturn that wiped out over $130 billion in market capitalization. By shifting these blue-chip assets directly to institutional investors under strict lockup rules, authorities intend to alleviate downward trading pressure.
An unnamed defense contractor saw its stock surge 26% in October, even as competitor Boeing stumbled. Further details regarding the specific factors powering the contractor's monthly gains were not disclosed.