AMD Q3 Revenue Reaches $13.4 Billion, Data Center Business Up 97% Year-over-Year

November 4: According to AMD's official announcement, AMD's third-quarter revenue was $13.4 billion, up 45% year-over-year and 16% quarter-over-quarter, above market expectations; GAAP net income was $2.4 billion, up 95% year-over-year; non-GAAP earnings per share were $2.09, up 74% year-over-year. By segment, data center revenue hit a record $8.5 billion, up 97% year-over-year; client and gaming revenue was $3.7 billion, down 8% year-over-year; embedded revenue was $1.1 billion, up 29% year-over-year. AMD expects fourth-quarter revenue of approximately $17 billion (plus or minus 3%), with non-GAAP gross margin of approximately 55%.