Advanced Micro Devices
AMDQ3 2025(AMD Q2 FY2025)Derived22% AI
AI Revenue %
22%
AI Fair Value
$54.2B
AI Revenue (Q)
$2.5B
Total Revenue (Q)
$11.3B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 FY2025 (quarter ending June 28, 2025). Data Center revenue was $3,240M out of total $7,685M. ZT Systems acquisition completed March 31, 2025 -- ZT Design Business revenue (not material) included in Data Center; ZT Manufacturing Business reported as discontinued operations. Data Center showed an operating loss of $(155)M this quarter due to costs related to ZT integration and higher expenses. Data Center revenue was down sequentially from $3,674M in Q1, which may reflect product transition dynamics (MI300 to MI350). The $3,240M DC revenue includes EPYC, Instinct GPUs, DPUs, FPGAs, and ZT Design. Estimated AI GPU revenue of ~$1,600-1,700M (reflecting possible inventory digestion/transition). Conservative estimate: ~$1,691M AI GPU revenue = $1,691M / $7,685M = ~22.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Data Center $ 3,240
10-Q Segment Note, Q ended June 28, 2025
Total net revenue $ 7,685
10-Q Segment Note, Q ended June 28, 2025
On March 31, 2025, the Company completed the acquisition of ZT Systems Group Int l, Inc. (ZT Systems).
10-Q Note 5, Q ended June 28, 2025
Transaction costs of $ 36 million and $ 47 million were recorded within Marketing, general and administrative expenses during the three and six months ended June 28, 2025.
10-Q Note 5, Q ended June 28, 2025
AI Products Identified (Ring 1)
AMD Instinct MI300XAMD Instinct MI350 (ramp)Silo AIZT Design Business
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
EPYC server CPUsXilinx FPGAsDPUsSmartNICsAI NICs
Confidence Tier
DerivedCalculated from reported segments primarily serving AI