AMD shares rise 7% after third-quarter results as data center revenue nearly doubles

In brief

• AMD reported third-quarter revenue of $13.377 billion, up 45% year over year.
• Data center revenue rose about 97%, and the company beat earnings expectations.
• Shares rose roughly 7% in extended trading after the report.

Revenue growth led by data center business

Advanced Micro Devices reported third-quarter revenue of $13.377 billion, a rise of 45% from a year earlier (AMD aumenta sus ingresos un 45% impulsada por sus centros de datos – Expansión). The chipmaker said results were driven mainly by strong gains in its data center segment, which covers processors and accelerators sold to cloud providers and large enterprises (AMD stock jumps 7% on earnings as data center revenue nearly doubles – CNBC).

Data center sales nearly double

Revenue from the data center unit rose about 97% compared with the same quarter last year, according to the company's earnings slides (AMD Q3 2026 slides: data center surges 97%, record earnings beat – Investing.com). Analysts and commentators pointed to demand for AI chips as the main reason for the jump. AMD is among the few chip suppliers benefiting directly from spending on AI infrastructure (AMD Stock Surges 7% as AI Chip Sales Double Data Center Revenue | The Tech Buzz – techbuzz.ai).

Earnings beat and market reaction

AMD posted earnings above expectations, which the company's slides described as a record beat for the quarter. The shares rose roughly 7% in extended trading on Tuesday after the report was released.

Key figures

| Metric | Q3 2026 | |---|---| | Revenue | $13.377 billion | | Year-over-year revenue growth | 45% | | Data center revenue growth | 97% | | Stock move in extended trading | about 7% |

Why it matters

The data center figures are the main measure investors will watch in the coming quarters, since that segment is now driving most of the company's growth.