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AMD's revenue in the third quarter increased by 4% year-on-year to $5.8 billion

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AMD's revenue for the third quarter was $5.8 billion, a year-on-year increase of 4%. AMD released its third quarter report on October 31, with a revenue of $5.8 billion, a year-on-year increase of 4%, and analysts expected $5.7 billion; The adjusted operating profit for the third quarter was $1.28 billion, a year-on-year increase of 1%, and analysts expected $1.27 billion; The adjusted net profit for the third quarter was $1.14 billion, a year-on-year increase of 4%. The revenue of the data center department in the third quarter was 1.6 billion US dollars, which remained unchanged year-on-year; The revenue of the gaming department was $1.5 billion, a year-on-year decrease of 8%. AMD expects revenue of $5.8 billion to $6.4 billion in the fourth quarter. In addition, AMD plans to invest approximately $400 million over the next five years to expand its research and engineering business in India, including adding approximately 3000 new engineering positions by the end of 2028.
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