unusual_whales Says AMD Has Already Passed Its 2025 Revenue in the First Three Quarters of 2026, With Data Center Now 64% of Sales
AMD, $AMD, has brought in more revenue in the first three quarters of 2026 than in all of 2025. Its has said that its data center business grew 97% from a year ago last quarter, and now makes up 64% of the company, up from 28% in 2023.
Context
AMD's data center growth shows AI chip demand spreading beyond Nvidia, which affects prices and supply for everyone training and serving models.
AMD makes CPUs and AI accelerators that compete with Nvidia in data centers. unusual_whales (@unusual_whales) is a markets news account that relays company figures. AMD reported results for its third quarter of 2026 around this time.
Deep dive
unusual_whales (@unusual_whales) posted on Nov 3 that AMD has brought in more revenue in the first three quarters of 2026 than in all of 2025. According to the post, AMD said its data center business grew 97% from a year earlier last quarter, and that data center now makes up 64% of the company, up from 28% in 2023.
These figures are secondhand. The post relays what it says AMD reported but does not link a filing or press release, so the exact numbers should be checked against AMD's own quarterly results.
If the figures hold, they describe a large shift in what AMD is. Three years ago most of its sales came from PC and gaming chips. Now, according to the post, nearly two thirds come from data centers, where AI accelerators and server CPUs are in heavy demand.
The numbers matter for the AI field because Nvidia has dominated AI chips. Strong growth at AMD suggests labs and cloud providers are buying a second source of compute, which can ease supply limits and put pressure on prices.
The post passed 120,000 views.
What to expect next
Watch AMD's official results and guidance for the fourth quarter, and any comments on how much of data center revenue comes from AI accelerators. New supply deals with large labs or cloud providers would show whether the growth lasts. Investors will compare the pace with Nvidia's next report, and any sign of supply limits on AMD chips would also matter.