AMD Q3 Data Center Revenue Jumps 97% to $8.55B; Q4 Guidance Tops Estimates

Cointime reports: AMD reported fiscal Q3 revenue of $13.377 billion, up 45% year over year and above the roughly $13.06 billion consensus, with adjusted EPS of $2.09. Data center revenue reached $8.546 billion, up 97% and about 64% of total sales, as MI450 GPUs and Helios rack systems began ramping with Anthropic, Meta, Microsoft, OpenAI and Oracle Cloud Infrastructure as early customers. AMD guided Q4 revenue to about $17 billion and said data center sales would rise roughly 50% sequentially, sending shares up as much as 7.5% after hours.