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Windows Central
Windows Central
Technology
Colton Stradling

AMD revenue of $5.8 billion for Q3 2023 with 17% increase in gross profits

AMD GAAP Jean Hu
AMD Radeon RX 7900M.

What you need to know

  • AMD announced revenue for the third quarter of 2023 of $5.8 billion
  • AMD had a gross margin of 47%, an operating income of $224 million, and a net income of $299 million.
  • AMD is at 9% growth in the current Q4 of 2023 or approximately $6.1 billion which was below analyst predictions causing shares to drop after-hours.
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