AMD posts record $13.4 billion quarter as data center revenue nearly doubles
Chipmaker guides to about $17 billion in fourth-quarter revenue, with CEO Lisa Su pointing to Helios and Venice production scaling
AMD reported record third-quarter revenue of $13.4 billion, up 45% from a year earlier, as sales in its data center segment nearly doubled on demand for its Instinct GPUs and EPYC processors. The company said on 3 November that it expects fourth-quarter revenue of about $17 billion, plus or minus 3%, which at the midpoint would represent growth of roughly 66% year over year.