Business1 min read

AMD reports Q3 revenue up 45% YoY to $13.38B, vs. $13.09B est., Data Center revenue up 97% to $8.5B, forecasts Q4 revenue above est.; AMD jumps 7%+ after hours (Katie Tarasov/CNBC)

By · Published by Everything Blog

In short

AMD surpassed analyst projections by delivering third-quarter revenue of $13.38 billion, representing a 45% year-over-year increase compared to the anticipated $13.09 billion. This performance was largely powered by the company's Data Center segment, which surged 97% to generate $8.5 billion. In addition to beating quarterly targets, AMD issued a fourth-quarter revenue outlook that topped Wall Street estimates. Following the strong figures and forward-looking guidance, the company's stock jumped over 7% in after-hours trading.

Key points

  • Massive expansion in the Data Center unit served as the primary growth engine for quarter…: Massive expansion in the Data Center unit served as the primary growth engine for quarterly earnings.
  • Management projected fourth-quarter revenue expectations that came in higher than prevail…: Management projected fourth-quarter revenue expectations that came in higher than prevailing market forecasts.
  • Strong top-line execution paired with an elevated future forecast generated immediate pos…: Strong top-line execution paired with an elevated future forecast generated immediate positive investor sentiment after hours.

Sources checked by our analysis pipeline: 1

New York Times: |

Jeff John Roberts / Fortune: |

Financial Times: |

Michael Acton / Financial Times: |

Apple: |

Dave Lee / Bloomberg: |

Sarah Perez / TechCrunch: |

Tom Wilson / Financial Times: |

Apple Developer: |

Bloomberg: |

Lance Whitney / ZDNET: |

Gareth Vipers / Wall Street Journal: |

Financial Times: |

Alex Kantrowitz / Big Technology: |

Natasha Mascarenhas / Bloomberg: |

James Rundle / Wall Street Journal: |

Emma Roth / The Verge: |

Samantha Subin / CNBC: |

David Pierce / The Verge: |

Steven Lee Myers / New York Times: |

Colin Demarest / Axios: |

New York Times: |

Jason Schreier / Bloomberg: |

Gerrit De Vynck / Washington Post: |

OpenAI: |

Katie Tarasov / CNBC: |

This is a Techmeme archive page. It shows how the site appeared at 4:30 PM ET, November 3, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

Adriano Marchese / Wall Street…

Business