In the third quarter of 2026, American chipmaker AMD generated $13.4 billion. Data centers accounted for $8.5 billion, or about 64% of total revenue. This is 97% more than in the same period last year. For comparison, in 2025, this segment’s share was 47%. AMD expects to double revenue from its server business by 2027, although it previously forecast growth of more than 70%.
The outlook for the PC market looks much worse. AMD CEO Lisa Su explained the slowdown in sales by rising prices for RAM and other components:
Toward the end of the quarter, personal computer sales slowed as higher memory and other component pricing began to weigh on demand. We are managing our business accordingly, aligning sell-in with sell-through to maintain healthy channel and customer inventory levels. In 2027, we anticipate a double-digit percentage decline in market PC shipments.
AMD’s gaming segment also declined: revenue totaled $773 million, down 40% from last year’s figure. The decrease was driven by lower sales of semi-custom console chips.