AMD: 3 Key Takeaways for Long-Term Investors

AMD reported record Q3 2026 revenue of $13.4 billion, driven by 97% year-over-year growth in data center revenue which now represents 64% of total sales. Management projects over 80% revenue growth in 2027 with server processor revenue expected to double, while expecting double-digit declines in PC market shipments. Strong operating leverage is evident with non-GAAP EPS growing 74% year-over-year.