By Alex Sirois
Publication Date: 2026-11-06 13:45:00
AMD’s data center business nearly doubled while NVIDIA still dwarfs it in scale, and a sudden chip selloff has muddied the race. Which company holds the steeper path into 2027, and what single slip could flip the verdict?
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Record third-quarter results were reported by AMD (NASDAQ:AMD | AMD Price Prediction) on November 3. Data Center sales nearly doubled as its first Helios racks went live. NVIDIA (NASDAQ:NVDA) last reported in August and is shipping Vera Rubin into a market where demand exceeds supply. A sharp chip selloff this week makes the comparison more difficult.
Helios Racks Lift AMD While Vera Rubin Keeps NVIDIA Ahead
AMD’s Data Center revenue reached $8.55 billion, up 97% year over year. The segment now makes up 64% of revenue, up from 47% a year ago. AMD is quickly turning into a data center company. Anthropic, OpenAI and major hyperscalers all brought their first Helios racks online. Gaming fell 40% to $773M as the console cycle aged, and that drag barely moves the overall picture now.
NVIDIA still operates at a different scale. Data Center revenue hit $89.02B, up 117%, and networking rose 138% to $40.31B. A networking jump that large shows customers…
