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AMD shares rise on strong Q3 earnings, driven by AI revenue and optimistic growth outlook.

Company Fundamentals
04 Nov 2026, 02:17 WIB
Market Watch
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Bullish
AMD shares rise on strong Q3 earnings, driven by AI revenue and optimistic growth outlook.

AMD reported third-quarter revenue of $13.4 billion, a 45% increase year-over-year, surpassing analyst expectations of $13.1 billion. Adjusted earnings per share rose 74% to $2.09, beating estimates of $1.95. CEO Lisa Su highlighted accelerating growth in AMD's data-center business and a strong performance in its PC segment despite a weak market. This robust financial performance signals AMD's solid position in the AI sector and an optimistic forecast for continued growth.

AMD's recent earnings report provides context for technology sector performance. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 04, 2026 06:21 WIB: Out of 150 priced US technology stocks tradable on Pluang, 99 rose and 50 fell today. Notable movers include CRDO at USD 152.75 with a 1-day change of +9.09%, GRAB at USD 3.12 also up +9.09%, and SHOP at USD 142.20 down -8.97%.

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