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AMD beats Q3 estimates, guides higher on record AI data center sales

Investor's Business Daily reported that Advanced Micro Devices beat analyst estimates for the third quarter and its Q4 outlook, with AMD stock jumping in extended trading. A Reddit r/stocks post said AMD reported third-quarter earnings that beat Wall Street expectations, with revenue up 45% and data center sales nearly doubling year over year, and the stock up 7% in extended trading. That post cited adjusted EPS of $2.09 versus $1.95 expected and revenue of $13.38 billion versus $13.09 billion expected, up from $9.25 billion a year earlier, and quoted CEO Lisa Su expecting data center processo

Why “Unverified”

  • Reported by Investor's Business Daily alone, with no second source or primary confirmation yet

1 independent source group across 2 posts · evidence score 56/100. How labels work

Market around the story

  • AMD Still being measured. The price reaction is recorded once the market has traded for six hours after the first report.

What the sources claim

  1. AMD beat analyst estimates for the third quarter and its Q4 outlook, and its stock jumped in extended trading. AMD

    “beat analyst estimates for the third quarter and with its outlook for Q4. AMD stock jumped in extended trading”
    Investor's Business Daily

  2. AMD's stock jumped 7% in extended trading after the earnings report. AMD

    “The stock jumped 7% in extended trading”
    r/stocks

  3. AMD reported adjusted earnings per share of $2.09 versus $1.95 expected. AMD

    “Earnings per share: $2.09 adjusted vs. $1.95 expected”
    r/stocks

  4. AMD reported revenue of $13.38 billion versus $13.09 billion expected, up from $9.25 billion a year earlier. AMD

    “Revenue: $13.38 billion vs. $13.09 billion expected Revenue increased from $9.25 billion a year earlier”
    r/stocks

  5. AMD's data center sales nearly doubled from a year earlier. AMD

    “data center sales nearly doubling from a year earlier”
    r/stocks

  6. CEO Lisa Su said she expects data center processor growth to accelerate further and that meeting demand won't be a problem. AMD

    “she expects growth in data center processors to “accelerate further,” and that meeting demand won’t be a problem”
    r/stocks

Sources

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-03 22:00 UTC. Labels are computed from the sources, not by the model.