AMD reported 2026 Q3 revenue $13.38bn, up 45% YoY and above consensus $13.09bn;
adjusted EPS $2.09 vs $1.95 expected. Data center revenue nearly doubled YoY to
$8.5bn, representing 64% of sales (vs 47% a year earlier), driven by AI
processor demand; CEO Lisa Su said data center processor demand is expected to
accelerate and the company can meet AI chip demand. AMD guided Q4 revenue ~
$17.0bn, above street $16.2–16.3bn, but gave gross margin guidance of 55% vs
consensus 55.3% (a mild miss). PC and gaming revenue fell 8% YoY to $3.7bn, with
gaming down 40%, citing memory supply tightness and rising prices. AMD shares
rose over 9% after hours, lifting NVIDIA, SK Hynix and other chip stocks.