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AMD's quarter is a useful signal that agentic AI workloads may shift some demand toward CPUs, not just GPUs, which could matter for how data centre capacity is planned. The growth is still early and concentrated in a few large customers, and AMD's own forecast is management guidance, not yet proven results. Readers tracking AI infrastructure should watch whether server CPU demand holds up as agent deployments scale.
AMD beats expectations as agentic AI sparks its data center revenue growth engines
Shares of the chipmaker Advanced Micro Devices Inc. rose more than 5% in late trading today after it delivered solid third-quarter earnings and revenue today, with data center sales almost doubling from a year ago. The company reported earnings before certain costs such as stock compensation of $2.09 per share, easily beating Wall Street’s forecast […] The post AMD beats expectations as agentic AI sparks its data center revenue growth engines appeared first on SiliconANGLE.
Shares of the chipmaker Advanced Micro Devices Inc. were up more than 5% in late trading today after it delivered solid third-quarter earnings and revenue today, with data center sales almost doubling from a year ago. The company reported earnings before certain costs such as stock compensation of $2.09 per share, easily beating Wall Street’s forecast of $1.95 per share. Revenue for the period jumped 45% from a year earlier to $13.38 billion, ahead of the $13.09 billion analyst consensus estimate. All told, the company’s net income for the quarter came to $3.47 billion, up 77% from the previous year when it posted a profit of just $1.96 billion.…
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