AMD reported record $13.4 billion revenue for Q3 2026, up 45% year-over-year, with Data Center segment sales nearly doubling to $8.5 billion. GAAP gross margin 54%, non-GAAP 56%; diluted EPS $1.46 GAAP, $2.09 non-GAAP.
CEO Dr. Lisa Su highlighted strengthening demand for Instinct and EPYC products, expecting accelerated growth in Q4 as Helios and 'Venice' production scales. CFO Jean Hu noted 74% non-GAAP EPS growth, demonstrating operating leverage.
Client and Gaming revenue fell 8% to $3.7B, though Client business grew 7% on Ryzen mobile sales. Embedded segment rose 29% to $1.1B. Major cloud customers including Anthropic, Meta, Microsoft, OpenAI, and Oracle are deploying AMD Helios rackscale solutions with MI450 GPUs and 6th Gen EPYC CPUs.
Source: TechPowerUp News · Summarized by HeadlinesBriefing