ATLAS News · Earnings
TradingView reports AMD topped Wall Street's third-quarter 2026 revenue and earnings estimates, with data center revenue up 97%, though the stock later fell.
TradingView reports that Advanced Micro Devices (AMD) posted third-quarter 2026 results that were better than Wall Street expected, beating both revenue and earnings estimates.
According to the article, which cites CNBC, AMD shares rose 8% in extended trading on Nov. 3 after the report. The piece also states that data center revenues increased 97%.
TradingView adds that the stock lost its momentum the following day, falling 17.3% despite the earnings beat.
Data center products, which serve cloud and AI computing demand, are a key business area for chipmakers such as AMD.
The gap between a strong earnings result and a sharp share decline shows how closely investors may weigh expectations against reported figures.
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
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