AMD On Pace To Top Intel In Revenue For First Time After Crushing Q3
AMD is on the verge of surpassing Intel in quarterly revenue for the first time in its history, a milestone that once seemed almost unthinkable. It hasn't happened yet, but following a monster third quarter in which AMD's data center revenue gained 97% compared to last year, the company is on track to leapfrog its longtime rival in Q4, barring any unforeseen setbacks or surprises.
Fueling that momentum is yet another record-breaking quarter. Building on its impressive Q2 earnings, AMD reported $13.4 billion in revenue for the third quarter of 2026, representing a 16% sequential gain and a massive 45% year-over-year surge. Meanwhile, net income nearly doubled year-over-year, increasing 95% to $2.4 billion.
"We delivered a record quarter with revenue exceeding the high end of our guidance as Data Center segment sales nearly doubled year-over-year," said Dr. Lisa Su, AMD chair and CEO. "Demand for our Instinct and EPYC...
Copyright of this story solely belongs to hothardware.com. To see the full text click HERE