AMD Q3 2026: Data Center Revenue Up 97% to $8.5B, First Helios Racks Running for Anthropic and OpenAI, Q4 Guide About $17B
AMD reported Q3 2026 results on November 3. Total revenue was $13.377B, up 45% year over year, and the Data Center segment hit a record $8.546B, up 97% year over year and 27% sequentially, driven by EPYC server CPUs and the newly launched Instinct MI450 Series GPUs. AMD says Anthropic, Meta, Microsoft, OpenAI and Oracle Cloud Infrastructure are running models and workloads on the first Helios rack-scale systems. It guided Q4 revenue to about $17B, plus or minus 3%, roughly 66% year-over-year growth at the midpoint.
Key Takeaways
- Data Center revenue was $8.546B, up 97% year over year and 27% sequentially, about 64% of total revenue versus roughly 47% a year ago; segment operating income was $2.882B at a 34% margin
- The first Helios racks (Instinct MI450 Series GPUs plus 6th Gen EPYC) are running models for Anthropic, Meta, Microsoft, OpenAI and Oracle Cloud, and MI455X began volume shipments this quarter
- Total revenue was $13.377B (+45%), with 56% non-GAAP gross margin and $2.09 non-GAAP EPS; GAAP net income of $2.428B includes a $1.097B fair-value change on customer warrants
- Q4 guidance is about $17B plus or minus 3%, roughly +66% year over year and +27% sequentially at the midpoint, with about 55% non-GAAP gross margin
- AMD also released ROCm 10 with ROCm.AI, introduced the Helion reference architecture for rack-scale agentic systems, and announced agreements to acquire World Labs and Taalas
Linked Models & Agents: