Technology

AMD rides data center riches to ‘largest and most profitable’ quarter in history

Summary

AMD announced its largest and most profitable quarter ever, driven heavily by strong growth in its data center division. The chipmaker generated a record $13.4 billion in revenue for the period. Looking ahead, management expects this upward momentum to continue with even higher revenue in the upcoming quarter.

AMD CEO Lisa Su said in the company's quarterly earnings call on Tuesday that Q3 2026 was "was the largest and most profitable in our history." AMD reported a record $13.4 billion in quarterly revenue, and it's predicting it will hit another record high next quarter of $17 billion. The company's data center business is driving that growth, with $8.5…

Source: Read the full story at The Verge

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