AMD's Q3 2022 revenue picture.
AMD's Q3 2022 revenue picture.
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AMD posts Q3 revenue of $5.6B, up 29% but profits slip 93%

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

Advanced Micro Devices reported that its third-quarter revenues were $5.6 billion for the three months ended September 30, up 29% from the same quarter a year ago.

The company had said on October 6 that its earnings would be below its previous guidance. Client segment revenue saw a shortfall of $1 billion due to softening PC demand and inventory reductions across the PC supply chain.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.