Live Feeds
● LIVE Updated 25m ago · 12 sources tracked

AMD beat earnings estimates as data center revenue nearly doubled

Advanced Micro Devices reported third-quarter results that surpassed analyst estimates, driven by booming sales of artificial intelligence chips. Total quarterly revenue reached $13.4 billion, marking a 45 percent year-over-year increase. The standout performance came from the data center division, where revenue nearly doubled with a 97 percent climb to a record $8.5 billion. The company also issued a fourth-quarter revenue guidance of approximately $17 billion. These figures propelled shares upward in after-hours trading, though the broader growth faced an offset from declining gaming division sales during the same period.

🎙️

Listen to Live Briefing

Real-time synthesized voice briefing · Live Feeds Desk

⏱ ~3 min
Speed:
RSS Source map (12)
⚡ Key Developments & Real-Time Context
Text size:
  • ✓ Advanced Micro Devices reported third-quarter revenue of $13.4 billion, representing a 45 percent year-over-year increase.
  • ✓ Data center revenue nearly doubled with a 97 percent climb to a record $8.5 billion.
  • ✓ The company guided fourth-quarter revenue to approximately $17 billion.
  • ✓ Gaming revenue fell 40 percent during the quarter.
🛡️ Source Corroboration: 12 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

Advanced Micro Devices released its third-quarter 2026 financial report showcasing a record quarter driven by artificial intelligence infrastructure demand.

Live updates

  1. AMD Q3 Earnings Beat Estimates on Surging Data Center Sales

    Advanced Micro Devices reported third-quarter results that surpassed analyst estimates, driven by booming sales of artificial intelligence chips. Total quarterly revenue reached $13.4 billion, marking a 45 percent year-over-year increase. The standout performance came from the data center division, where revenue nearly doubled with a 97 percent climb to a record $8.5 billion. The company also issued a fourth-quarter revenue guidance of approximately $17 billion. These figures propelled shares upward in after-hours trading, though the broader growth faced an offset from declining gaming division sales during the same period.

    Why it matters

    The stark contrast between surging artificial intelligence hardware sales and cratering legacy segments highlights the ongoing market transformation for major chipmakers. While data center infrastructure demand continues to accelerate, other hardware categories face severe contractions. This dynamic shapes overall market evaluations as companies report their fiscal progress.

    What is confirmed

    • Advanced Micro Devices reported third-quarter revenue of $13.4 billion, representing a 45 percent year-over-year increase.
    • Data center revenue nearly doubled with a 97 percent climb to a record $8.5 billion.
    • The company guided fourth-quarter revenue to approximately $17 billion.
    • Gaming revenue fell 40 percent during the quarter.

    What to watch next

    • Execution of the projected fourth-quarter revenue of approximately $17 billion
    • Sustained demand for artificial intelligence data center chips against broader market costs
    Sources used for this update (13)
    1. 247wallst.com — 24/7 Wall St. - Insightful Analysis and Commentary for U.S. and Global ...
    2. superpowerdaily.com — AI data-center borrowers face higher costs as lenders struggle to absorb more debt
    3. www.cnbc.com — AMD (AMD) Q3 earnings report 2026 - CNBC
    4. Reuters — AMD shares jump as AI-driven data-center strength fuels growth outlook
    5. Quartz — AMD beat earnings estimates as data center revenue nearly doubled
    6. Yahoo Finance — AMD stock flat following strong Q3 earnings beat, as data center revenue climbs 97%
    7. Ars Technica — AMD’s record quarter: Data center business doubles, while gaming craters
    8. CNBC — AMD earnings beat the Street. Here's what analysts are saying
    9. finance.yahoo.com — AMD data center revenue nearly doubles as Q4 outlook beats ...
    10. coincodex.com — AMD Stock Surges on Q3 Earnings as Data Center Revenue Climbs 97% | CoinCodex
    11. finance.yahoo.com — AMD Q3 Earnings Beat Estimates, Strong Data Center Aids ...
    12. factsheets.com — AMD Q3 2026 Earnings: Data Center Revenue Nearly Doubles
    confidence 100%
📊

Community Sentiment: How do you assess this situation?

Voice your perspective · Real-time aggregated sentiment from the Live Feeds community