AMD reported third-quarter revenue of $13.4 billion, beating expectations
AMD beat Wall Street estimates for the third quarter as data-center revenue rose 97% year over year to a record $8.5 billion. Total revenue reached $13.4 billion, up 45%, and adjusted earnings were $2.09 per share. AMD forecast fourth-quarter revenue of about $17 billion, above the $16.3 billion analyst estimate, and expects revenue growth exceeding 80% in 2027.
More context
AMD reported third-quarter results above Wall Street expectations, posting record revenue of $13.4 billion, up 45% from a year earlier. Data-center segment revenue climbed 97% to a record $8.5 billion, accounting for 64% of total revenue, compared with 47% a year earlier. Adjusted earnings were $2.09 per share, also above analysts’ expectations. The results were driven by demand for data-center processors and AI infrastructure, the company said. For the fiscal fourth quarter, AMD forecast revenue of about $17 billion, higher than analysts’ $16.3 billion estimate. Management said it expects revenue to grow more than 80% in 2027, with server revenue expected to double.
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Reporting
- CNBC — AMD (AMD) Q3 earnings report 2026
- Beinsure — AMD stock jumps 8% as Q3 earnings beat, AI data center revenue surges 97% to $8.55 bn
- Investing.com News — Earnings call transcript: AMD tops Q3 2026 estimates as stock jumps after hours
- BigGo Finance — AMD's Quarterly Revenue Soars 45%, Current-Quarter Guidance Beats Estimates; Shares Jump as Much as 9% After Hours — BigGo Finance
- TradingView — AMD’s AI Boom Puts It On Track To Outsell Intel For The First Time – Analysts See More Room To Grow — TradingView News
- techbuzz.ai — AMD Stock Surges 7% as AI Chip Sales Double Data Center Revenue | The Tech Buzz
- kucoin.com — AMD's AI Data Center Revenue Expected to More Than Double by 2027
Verifier’s note
CNBC, Beinsure, The Tech Buzz, Investing.com, BigGo Finance, TradingView, and KuCoin all report that AMD beat Q3 expectations and data-center revenue nearly doubled. The reports concern the November 3 results, so they are timely.