TechThe Verge1h ago
AMD rides data center riches to ‘largest and most profitable’ quarter
AMD rides data center riches to ‘largest and most profitable’ quarter in history
TL;DRAMD hit record $13.4B quarterly revenue, driven by data center chip demand.
Why it matters: AI boom is consolidating chip market power; AMD's gains signal where compute infrastructure spending flows.
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…
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