AMD revenue reaches record US$13.4 billion as gaming sales fall 40%
Data center revenue accounted for about 63% of the total, while AMD forecast another revenue record for the following quarter.
AMD reported US$13.4 billion in revenue for the third quarter of 2026, a record that represented a 97% increase from a year earlier. Its data center operations generated US$8.5 billion, driven by Instinct accelerators and Epyc server processors.
About 63% of AMD's net revenue came from data centers. That business also accounted for US$1.8 billion of the company's US$1.9 billion revenue increase over the second quarter. AMD expects revenue of about US$17 billion in the next quarter.
Gaming revenue, by contrast, dropped 40% to US$773 million as sales declined in both semi-custom chips and graphics. CEO Lisa Su said rising component costs had increased overall system prices and slowed consumer purchases.
The combined Client and Gaming segment recorded revenue of US$3.7 billion, an 8% annual decline. Within that segment, the Client business grew 7% to US$2.9 billion. AMD attributed the increase mainly to demand for Ryzen mobile processors used in laptops and mini PCs, rather than desktop processors or graphics cards.
Su said AMD expects revenue growth of more than 80% in 2027, with data centers contributing the most. The company's consumer outlook was weaker: AMD is planning for a double-digit percentage contraction in the 2027 PC market, although it still expects to outperform that market.
