AMD Reports Record Revenue and Profit Driven by Data Center Growth
AMD achieved its largest and most profitable quarter in history during the third quarter of 2026. Driven by booming sales of AI chips, the company reported a record $13.4 billion in quarterly revenue, causing its stock to jump 7% on earnings.
Advanced Micro Devices announced its third-quarter results for 2026, marking what the company described as the largest and most profitable quarter in its history. Chief Executive Officer Lisa Su shared the milestone during Tuesday's earnings call, highlighting unprecedented financial performance for the period.
The record-breaking performance was fueled by a massive surge in data center revenue, which nearly doubled. Some reports attribute this success to booming sales of artificial intelligence chips, significantly exceeding market expectations and driving strong financial momentum for the firm.
Following the better-than-expected quarterly results, market reaction was swift as AMD stock jumped 7% on earnings. The company also issued predictions for future performance as it continues to capitalize on the growing demand for advanced data center technology.
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