AMD hits record $9.2B quarter but stock dips
AMD reported third-quarter fiscal 2025 revenue of $9.2 billion, marking a 36 percent jump from a year earlier and exceeding analyst projections by a comfortable margin. The chip manufacturer also posted a 20 percent gain compared with the prior quarter, establishing a new company record for quarterly sales. Chief executive Lisa Su addressed investors during an earnings presentation, disclosing plans to bring the company’s Zen 6-based EPYC server chips to market in 2026.
The upcoming processors carry the Venice code name and rely on a 2-nanometer manufacturing process from TSMC. Su said the designs are currently undergoing testing in laboratory settings, where they have shown substantial gains in computational power, electrical efficiency, and processing density. Cloud computing companies are anticipated to be early adopters when volume shipments begin next year.
Su separately introduced the Helios platform, built on MI400 architecture for artificial intelligence and supercomputing workloads. Set to arrive in 2026, Helios will deliver up to 40 petaflops of processing capability along with 432 gigabytes of HBM4 memory and 19.6 terabytes per second bandwidth, positioning the product as a rival to offerings from NVIDIA. AMD projected fourth-quarter revenue of $9.6 billion with an adjusted gross margin near 54.5 percent.
