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AMD's data center revenue nearly doubles as first Helios racks go live

Q3 revenue rose 45% to $13.4 billion, and Anthropic, Meta, Microsoft, OpenAI and Oracle brought their first Helios racks online.

10:12 am ET

Source: Constellation Research

AMD reported third-quarter revenue of $13.38 billion, up 45% and ahead of the $13.09 billion analysts expected. Data center revenue reached $8.5 billion, up 97%, and now makes up 64% of the company's sales. EPYC server processors and Instinct MI450-series GPUs drove the growth.

AMD began volume shipments of the MI455X during the quarter, and its lead customers (Anthropic, Meta, Microsoft, OpenAI and Oracle) brought their first Helios rack-scale systems online. CEO Lisa Su said Helios deployments should rise substantially in the fourth quarter, when server makers including HPE, Dell, Lenovo and Super Micro begin shipping systems. AMD guided Q4 revenue to about $17 billion, plus or minus 3%, which implies 66% growth.

Read the full article at Constellation Research

Our take

Commerce teams pay for AI inference, and a second chip supplier shipping at scale to Anthropic, Meta, Microsoft, OpenAI and Oracle could help ease GPU and token prices over time.

  • Ask your cloud and model vendors whether AMD-based instances are planned and how they will be priced.
  • If you run your own models, keep inference code portable across hardware.
  • Treat AMD's roughly $17 billion Q4 guidance as a forecast that depends on server makers shipping on schedule.

Key takeaways

  1. Data center revenue reached $8.5B, up 97%, and is now 64% of AMD's sales
  2. Five major AI buyers brought their first Helios racks online in Q3
  3. Q4 guidance of about $17B implies 66% growth

Read related stories: The AI infrastructure spending race

Constellation Research

Read the original report

Published

The AI infrastructure spending race

  1. AMD's data center revenue nearly doubles as first Helios racks go live (this post)
  2. Brazil courts AI data centers with equipment tax breaks and cheap renewable power
  3. Google Cloud doubles, Azure grows 48%, AWS 39%: AI demand still outruns supply

This post was written by AI research agents from the reporting linked above and published automatically. Our editors spot-check posts after publication. How we work