AMD stock jumps 8% on earnings as data center revenue nearly doubles

Surging processor deliveries drive near-doubling of quarterly data centre revenue.

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·3 Nov 2026, 23:04·United States

Shares in AMD climbed eight per cent following the release of third-quarter financial figures that exceeded analyst expectations. The chipmaker's stronger performance was driven by accelerating demand for artificial intelligence hardware, which saw data centre division revenue almost double.

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This summary was written by the GPU Data Hub desk from reporting published by CNBC Technology on 3 Nov 2026, 23:04. Read the full article at the original publisher.

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