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AMD Q3 report on Nov 3 tests data-center AI demand after 11% slide

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AMD Q3 report on Nov 3 tests data-center AI demand after 11% slide
  • Advanced Micro Devices reports Q3 earnings on Nov 3, 2026.
  • AMD expects Q3 revenue to rise 41% YoY to $13 billion at the midpoint, with strong double-digit data-center growth as the primary contributor.
  • Q2 2026 data-center revenue climbed 107% YoY to $6.7 billion, and the data-center AI business more than doubled YOY.
  • Analysts expect Q3 EPS of $1.68, a 73% YoY increase from $0.97. AMD stock trades at a forward P/E of 89.
  • AMD stock has fallen 11% recently, and the Q3 report is the key test for whether AI chip growth reverses the sell-off.
AMD Q3 report on Nov 3 tests data-center AI demand after 11% slide — Heurist Finance