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AMD reported third-quarter revenue of $13.4 billion, a record and a 45% increase from a year earlier, in results released November 3. Data center revenue reached a record $8.5 billion, up 97%, while net income totaled $2.4 billion and diluted earnings per share were $1.46. Gaming revenue declined 40% to $773 million amid lower semi-custom and graphics sales. For the fourth quarter, AMD expects revenue of about $17 billion, plus or minus 3%, and the breakdown reviews its business segments, outlook and areas where sales declined.

Disclosure: This video contains stock footage and content created or enhanced using AI-assisted tools.

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00:00AMD just reported the biggest quarter in its history.
00:02The chipmaker brought in $13.4 billion in third-quarter revenue, up 45% from a year earlier.
00:09Most of that growth came from one place, data centers.
00:13That business nearly doubled, rising 97% on strong demand for its server processors and graphics chips.
00:20Those chips go into the huge computing systems that cloud and AI companies are building.
00:25Several of those companies are already running workloads on AMD's newest rack-scale systems,
00:30but not every part of the business grew.
00:32Gaming revenue fell 40% due to lower sales of custom chips and graphics products.
00:38CEO Lisa Su says revenue came in above the high end of the company's own forecast.
00:43She also says demand for its data center products kept getting stronger.
00:48And AMD is promising more.
00:49It forecasts about $17 billion in fourth-quarter revenue, with growth expected to accelerate.
00:55Disclosure.
00:56This video contains stock footage and content created or enhanced using AI-assisted tools.

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