Shares of the chipmaker Advanced Micro Devices Inc. rose more than 5% in late trading today after it delivered solid third-quarter earnings and revenue today, with data center sales almost...
AMD sales forecast beats estimates on strong AI chip demand and data centre growth
AMD expects company-wide revenue to grow more than 80% in 2027, an expansion increasingly dependent on delivering AI systems and server processors at scale. Data centers already generate nearly...
AMD is preparing for another difficult year in PCs even as demand for its data center products exceeds available supply. The company's earnings call exposed the widening gap between its...
The chip maker’s shares soared.
AMD reports that it earned a net income of $2.4 billion on revenues of $13.4 billion in the quarter ending September 26, 2026.
AMD (NASDAQ:AMD) today announced financial results for the third quarter of 2026. Third quarter revenue was $13.4 billion, gross margin was 54%, operating income was $2.8 billion, net income was...
AMD reports third-quarter results on Tuesday after its shares fell about 17% in two days alongside Intel. Analysts expect revenue to rise 41%, but investors say AMD needs a big beat and a strong...
The company, which nearly doubled its data-center revenue in the third quarter, is benefiting as a shift in AI workloads toward running models in real-world applications drives demand for its...
AMD shares shot up more than 6% Tuesday night after the chipmaker said its data center business grew 97% in the third quarter. The AMD stock surged by as much as 8% after hours as investors got...
AMD's third-quarter results show its data center business becoming the main driver of growth and profitability, even as gaming demand retreats. The next test is whether a steep expansion in AI...
The rapid growth of artificial intelligence is driving new demand for data centre infrastructure. As companies deploy more powerful chips and expand computing capacity, server racks generate more...
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