AMD stock jumps 8% as data center revenue nearly doubles in Q3
AIAMD reported third-quarter revenue of $13.38 billion, up 45% from a year earlier, beating the $13.09 billion analyst estimate, with adjusted earnings of $2.09 per share. Data center sales nearly doubled and now make up 64% of revenue, driven by demand for server CPUs in agentic AI apps.
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CNBC · Technology · cnbc.comPublished · added here
Original title: AMD stock jumps 8% on earnings as data center revenue nearly doubles