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AMD's Revenue Soars on AI Demand, Boosting Growth Forecasts Amid Major Charges

AI News

AMD's Revenue Soars on AI Demand, Boosting Growth Forecasts Amid Major Charges

AMD shares jump as AI-driven data-center strength fuels growth outlook

Economic Times

AMD shares jump as AI-driven data-center strength fuels growth outlook

AMD, which recently joined the ranks of trillion-dollar companies, has gained about 126% this year and is poised to add about $58 billion in market value if premarket gains hold. The company's...

AMD forecasts quarterly revenue above estimates as data-center growth accelerates

Economic Times

AMD forecasts quarterly revenue above estimates as data-center growth accelerates

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's OpenAI, Meta chip deals trigger $1 billion quarterly charge

Economic Times

AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge

AMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could let it buy as much as 10% of the chip firm if it meets...

AMD Revenues Jump 45 Percent to $13.4 Billion

Thurrott

AMD Revenues Jump 45 Percent to $13.4 Billion

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.

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