AMD beats revenue estimates with data center boost, stock rises nearly 8%

AMD ended the third quarter of 2026 with revenue of $13.4 billion, above the $13.1 billion FactSet consensus, according to InfoMoney. The balance sheet was released on Tuesday, 3rd, and the company's shares rose almost 8% after the news.

The highlight came from data centers, whose revenue totaled US$8.5 billion, an increase of 97% in the annual comparison. According to InfoMoney, the demand for EPYC processors and GPUs appears as the reason for this performance. Investing.com highlighted two points: AMD's forecast of quarterly revenue above estimates and the acceleration of growth in the data center division.

In profit, the numbers admit two readings. Under GAAP criteria, net income for the quarter was US$2.428 billion, with diluted earnings per share of US$1.46. In the non-GAAP metric, which excludes accounting adjustments, profit reached US$3.471 billion, and diluted earnings per share were US$2.09, compared to the US$1.95 FactSet consensus.

What is at stake is whether the advance in data centers is sustained in the coming quarters. A strong result above expectations is a positive sign, but it does not alone define the trend of a company competing for space with major competitors in high-performance computing.

What changes for the investor

For those who invest in technology stocks, the balance puts data centers at the center of reading about AMD, and the increase of almost 8% indicates that the market reacted well to the numbers. The medium-term effect depends on the company meeting its revenue forecast above estimates and maintaining the growth rate of this division, points that should be monitored in the next balance sheets. This article is not a recommendation to buy or sell and does not project prices.

Automatically translated from Portuguese.