AMD reports earnings today as data center hits 58% of revenue

Wall Street expects $13.1 billion in sales, and investors want proof the AI engine is still accelerating after a 26% slide AMD reports third-quarter results after the closing bell today. Analysts are looking for $1.89 in earnings per share on $13.1 billion in revenue. The bigger story is what’s driving those numbers. In AMD’s most recent quarter, its data center business made up 58% of total revenue, up from 42% a year earlier. The company that once lived and died by gaming PCs now runs mostly on server racks. What Wall Street is expecting The fiscal Q3 2026 report lands on November 3, 2026, with the earnings call set for 5 p.m. ET. Consensus estimates put non-GAAP EPS somewhere between $1.89 and $1.95. Revenue forecasts sit in a tight band of $13.09 billion to $13.10 billion. That would mean growth of approximately 41% to 42% over the $9.25 billion AMD booked in Q3 2025. AMD’s own guidance is roughly in line with the Street. Management has pointed to Q3 revenue of around $13 billion, with gross margin near 56%. The company also has a track record working in its favor. AMD has topped revenue expectations for 15 straight quarters. The data center machine In Q2 2026, AMD posted recor...