AMD stock jumps 8% as data center revenue nearly doubles on AI chip sales

AMD reported better-than-expected third-quarter results, with data center revenue nearly doubling on booming AI chip sales, sending shares up 8%.

Read the full story at CNBC Technology ↗

Timeline · 1 report

2026-11-03 23:04 · CNBC Technology
AMD stock jumps 8% on earnings as data center revenue nearly doubles

More stories

AMD and Palantir forecast quarterly revenue above estimates on strong AI demand — Reuters AI
AMD's OpenAI and Meta chip deals trigger $1 billion quarterly charge — Reuters AI
AMD shares jump as AI-driven data-center strength fuels growth outlook — Economic Times Tech
AMD pairs server CPU growth with rack-scale Helios systems to broaden AI infrastructure push — DigiTimes Asia
AMD projects over 80% revenue growth in 2027, driven by data center business — DigiTimes Asia
AMD's data center business drives Q3 growth as AI systems expansion looms — DigiTimes Asia
AMD beats estimates as data center revenue nearly doubles on AI chip demand — Semafor Technology
AMD Tops Wall Street Expectations as Data-Center Push Takes Hold — Wall Street Journal Technology

Get the daily brief of stories like this at 6:30 every morning →