AMD stock jumps 7% on earnings as data center revenue nearly doubles
- AMD is scheduled to report its third-quarter results after the U.S. market closes on Tuesday.
- Analysts expect third-quarter revenue to increase about 41% to $13.09 billion and earnings to rise 92%.
- Investors are focused on fourth-quarter guidance, including whether AMD’s Helios AI systems are ramping quickly and generating significant data-center revenue.
- Concerns about slowing artificial-intelligence spending are among the key risks ahead of the report.
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84 Articles
Advanced Micro Devices (AMD) presented a net profit of US$2.43 billion in the third quarter of 2026, representing a 95% increase on the profit of US$1.24 billion reported a year earlier, and surpassing the expectations of the American market. Exclusive material for subscribers. To have full access, access the link of the material and register.
Arista earnings: AI demand lifts sales 58.5%
(The FINANCIAL) — Arista earnings accelerated as demand for networking equipment lifted third-quarter revenue 58.5%, the company’s strongest annual growth since its IPO. Shares rose in extended trading after the report, while fourth-quarter guidance pointed to further expansion. Investment gains boosted reported profit, making the earnings reconciliation essential to assessing the operating performance. Arista Networks […]
AMD closed the third quarter with record revenue and higher-than-expected profit, with its data center business nearly doubling its sales. Management expects revenue growth of more than 80 percent by 2027, and shares jumped 5 percent in after-hours trading on Tuesday on the positive outlook.
The Economic Times
Times of IndiaAMD forecasts fourth-quarter revenue above estimates on strong AI chip demand
Advanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Although the company's forecast for adjusted gross margin stands at 55%, it falls slightly short of analyst expectations. A remarkable 97% year-on-year increase in data-centre revenue showcases AMD's growth. However, the company currently faces challenges in sourcing high-bandwidth memory, essential for its AI p…
U.S. semiconductor company AMD recorded its highest-ever quarterly performance in the third quarter of this year, driven by expanding demand for semiconductors for artificial intelligence (AI) data centers. Operating profit rose 123% compared to the same period last year, and revenue from its data center business nearly doubled. AMD projected that total revenue next year will grow by more than 80% compared to this year, as it expands the supply …
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