Hahn Ava sold $1.5M of AMD

AMD reported Q3 2026 revenue of $13.4B, up 45% YoY, and forecasted over 80% revenue growth by 2027, with data center sales expected to exceed 80% of total revenue. CEO Lisa Su attributed the growth to next-generation data center products.

U.S. stock futures were stable on Tuesday evening as markets awaited midterm election results. AMD's stock rose 7% after reporting strong Q3 earnings, driven by AI demand, and forecasting above-consensus Q4 earnings. S&P 500, Nasdaq 100, and Dow Jones futures saw minor changes. The midterm elections could impact regulatory environment and market sentiment.

AMD reported record Q3 sales of $13.4B and projected $17B for Q4, up 66% YoY. Super Micro reported $19.9B in Q3 revenue. Both companies' shares rose in after-hours trading, adding over $50B in combined market value, according to Coin Bureau.

AMD reported Q3 revenue of $13.38B, up 45% YoY, and EPS of $2.09, beating estimates. Data center revenue surged 97% to $8.55B, now 64% of total revenue. CEO Lisa Su expects 80%+ revenue growth next year, with data center sales potentially doubling. Q4 guidance of $17B+ revenue exceeded expectations, but gross margin is slightly lower at 55%. Shares rose 9% after hours.

U.S. tech stocks rebounded on Nov 3, with the Nasdaq up 0.9% and S&P 500 up 0.4%, driven by semiconductor gains. Nvidia and Broadcom rose 2.3% and 3.1%, respectively, while Apple fell 1.9%. AMD reported $13.4B in revenue, beating expectations. Palantir dropped 1.6% despite 96% revenue growth. Oil prices rose due to Middle East tensions. Gold and silver saw minor gains. Investors watched U.S. midterm elections.

AMD's Q3 revenue hit $13.38B, beating estimates, with 45% YoY growth. EPS was $2.09, also topping forecasts. Q4 guidance of $17B exceeds analyst expectations. Data center revenue grew to 64% of total, and CEO Lisa Su expects server revenue to double by 2027. Shares rose 6.7% in extended trading.