AMD stock rises after Q3 earnings beat, as data center revenue climbs 97% - Yahoo Finance
AMD reported strong Q3 earnings, exceeding analyst expectations with a 97% surge in data center revenue. While the company's data center and client businesses performed well, the gaming division saw a 40% decline in sales due to market pressures.
Why it matters
AMD's performance highlights the ongoing dominance of data center demand driven by AI infrastructure, despite broader challenges in the consumer gaming hardware market.
AMD stock flat following strong Q3 earnings beat, as data center revenue climbs 97% Daniel Howley · Technology Editor Wed, November 4, 2026 at 11:49 PM GMT+8 2 min read AMD +1.42% AMD ( AMD ) stock was flat after the company reported better-than-anticipated top and bottom lines Q3 results after the Tuesday.
The company said its data center revenue exploded 97% year-over-year driven by server sales.
"Demand for our Instinct and EPYC products continued to strengthen, and we expect growth to accelerate further in the fourth quarter as we scale Helios and 'Venice' production," CEO Lisa Su said in a statement.
"With our leadership product portfolio and deep customer and supply chain relationships, we are confident in our ability to sustain very strong revenue growth and expanding profitability over the coming years."
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