AMD has been gradually increasing its Server CPU market share since 2017, but 2022 and 2023 turned out to be breakthrough years for the company as its share gains accelerated rapidly in recent quarters. AMD commanded a 23.3% unit share in Q3 2023, up from 18.6% quarter-over-quarter and 17.5% year-over-year. The revenue share has increased significantly by 4.7% QoQ and 5.8% YoY. Such major increases may be attributed to the high popularity of AMD’s latest 4th Generation EPYC processors, which were the most popular data center products from AMD in Q3 as major cloud providers adopted them for internal workloads and public instances.