AMD Posts Record $13.4 Billion Quarterly Revenue as AI Chip Demand Surges
AMD has reported its highest-ever quarterly revenue and profit, powered by a 97% jump in data center sales as demand for AI infrastructure accelerates.
Advanced Micro Devices (AMD) has reported the strongest quarter in its history, posting record revenue and adjusted profit as demand for artificial intelligence chips and data center hardware continues to climb. The chipmaker generated $13.4 billion in revenue during the third quarter of 2026, a 45% increase from the same period a year earlier and ahead of Wall Street expectations.
The data center segment drove the results, with revenue nearly doubling to $8.5 billion. The company attributed the growth to strong uptake of its EPYC server processors and Instinct AI graphics processors, including the latest MI450 series, as large technology firms ramp up spending on computing infrastructure to support more advanced AI models.
AMD also reported adjusted net income of $3.5 billion, compared with analyst estimates of about $3.2 billion, while adjusted earnings per share came in at $2.09. Chief Executive Lisa Su described the period as the company's largest and most profitable quarter to date.
The company said Anthropic, Meta, Microsoft, OpenAI and Oracle are already running models and workloads on its Helios AI systems, which pair Instinct MI450 GPUs with sixth-generation EPYC processors. AMD said it is also seeing rising interest in agentic AI, which allows AI systems to carry out complex tasks and use software tools with limited human involvement, a workload that requires substantial processing power.
The results underscore how far AMD's business has shifted in recent years, moving from a challenger in PC and server chips toward a central supplier for the AI data center buildout. The quarter's performance places the company more firmly in competition with rivals in the AI accelerator market, where spending by hyperscale cloud providers remains the primary growth driver.
The figures are likely to be watched closely by investors assessing whether the surge in AI infrastructure spending can be sustained. AMD's report suggests demand remains robust for now, with data center hardware continuing to account for a growing share of its overall revenue.
