AMD · Technology

ADVANCED MICRO DEVICES INC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: everything published this earnings window

News · 2026-11-08

• Revenue Performance and MixImportance 64 · Surprise 56
  AMD reported third-quarter revenue of $13.38 billion, up 44.7% year over year. A separate report described the $13.38 billion result as record quarterly revenue and attributed growth to its data center and AI chip…
• Meta AI Infrastructure PartnershipImportance 40 · Surprise 42
  AMD has agreements under which Meta may obtain rights to approximately 320 million AMD shares as part of AI chip-related deals. The report does not specify the agreements’ timing, exercise conditions, or financial…

News · 2026-11-07

• Revenue Performance and MixImportance 93 · Surprise 82
  AMD reported that Q3 2026 revenue and EPS surpassed analyst estimates, but the digest did not provide the reported amounts or year-over-year growth rates. The company attributed the results to demand for AI chips and…
• Guidance / OutlookImportance 93 · Surprise 82
  MarketBeat reported that AMD management projected revenue growth of more than 80% in 2027. The report attributed the outlook to demand for AI chips and data center growth. It did not specify a revenue amount or provide…

News · 2026-11-06

• Data Center Revenue GuidanceImportance 94 · Surprise 100
  AMD CEO Lisa Su expects the company’s Data Center AI business to grow significantly more than 2x in 2027. The expected growth builds on demand for AMD Instinct GPUs and Helios rack-scale systems. Su described customer…
• AI Infrastructure DemandImportance 84 · Surprise 82
  AMD CEO Lisa Su said the company has good visibility into data-center capacity needed to support customers’ planned GPU deployments through 2027. Those plans involve roughly 3GW of AMD deployments. Su expects AMD’s…
• Guidance and OutlookImportance 84 · Surprise 82
  During AMD’s third-quarter earnings call, CEO Lisa Su said the company had good visibility into the data-center capacity customers need for planned GPU deployments through 2027. The discussion covered roughly 3GW of…
• Data Center Revenue GrowthImportance 74 · Surprise 64
  AMD’s Data Center segment generated record revenue of $8.5 billion in the third quarter of 2026, up 97% year over year. The third-quarter results exceeded Wall Street’s revenue and earnings estimates. The reported…
• Helios Platform DemandImportance 51 · Surprise 42
  Hewlett Packard Enterprise’s article cited a $1.2 billion Vultr order for AMD Helios AI rack systems. The order is a sizable indication of demand for AMD’s rack-scale AI systems through an HPE infrastructure offering.…
• Quantum Error Correction PlatformImportance 33 · Surprise 42
  AMD joined IBM and Oak Ridge National Laboratory to launch a quantum error-correction co-design platform. The collaboration connects IBM quantum hardware with AMD high-performance classical processors in Oak Ridge…

News · 2026-11-05

• Revenue Performance and MixImportance 64 · Surprise 56
  AMD reported third-quarter sales of $13.38 billion, up 45% year over year and $279 million above average projections. Data Center sales increased 97% year over year and 27% sequentially, driven by demand for server…
• Customer Dynamics — Core ScientificImportance 46 · Surprise 42
  Core Scientific has partnered with AMD for up to 2.5 gigawatts of data center capacity as it expands its high-performance computing footprint. The agreement supports Core Scientific’s shift toward AI and HPC…
• Quantum Error Correction PlatformImportance 31 · Surprise 42
  IBM, Oak Ridge National Laboratory’s Quantum Science Center, and AMD unveiled a co-design platform for quantum error correction. The platform integrates quantum and high-performance computing and is intended to support…
• Quantum Computing PartnershipImportance 31 · Surprise 42
  AMD, IBM, and the U.S. Department of Energy-funded Quantum Science Center at Oak Ridge National Laboratory unveiled a co-design platform for quantum error correction on November 5, 2026. The platform integrates quantum…
• AI Data Center Regulatory RiskImportance 26 · Surprise 24
  Citi Research data cited in November 2026 reporting showed more than 500 U.S. data center bans and pauses by October 2026. Analysts estimated that roughly 30% of expected U.S. data center capacity additions through…
• Strategic InitiativesImportance 23 · Surprise 24
  CEO Lisa Su said AMD sees no signs of caution in its chips business despite market jitters about the sustainability of AI demand. She argued that investing ahead of the curve is appropriate because computing will…
• CPU Market Demand TrendsImportance 20 · Surprise 24
  A report citing HSBC analyst commentary described stronger demand for AMD server processors, with data-center demand supported by server CPUs and graphics processing units. The same report cited weakening client CPU…
• Advanced Packaging CapacityImportance 20 · Surprise 24
  HSBC commentary cited potential production-yield problems at AMD’s packaging vendors, raising a risk to product availability and execution. The report did not quantify the affected capacity or describe a confirmed…

News · 2026-11-04

• Guidance and OutlookImportance 100 · Surprise 100
  CEO Lisa Su said AMD expects company revenue to grow more than 80% in 2027. This is more than double the prior long-term growth target of 35% or higher. The report gives no currency amount or segment-specific revenue…
• Guidance / OutlookImportance 90 · Surprise 84
  AMD forecast fourth-quarter 2026 revenue of approximately $17 billion, plus or minus 3%, implying roughly 27% sequential growth from the third quarter. CEO Lisa Su said AMD expected company revenue to grow more than…
• Data Center demand trendsImportance 75 · Surprise 64
  AMD’s third-quarter Data Center revenue reached a record $8.55 billion, up 97% year over year. Reporting attributed the growth to strong demand for EPYC server processors and Instinct AI accelerators, with AI…
• Revenue Performance and MixImportance 64 · Surprise 56
  AMD reported third-quarter 2026 revenue of $13.4 billion, up 45% year over year and 16% sequentially. Data Center revenue reached a record $8.5 billion, up 97% year over year and 27% sequentially, and represented about…
• Operating Expense TrendsImportance 47 · Surprise 48
  AMD's third-quarter 2026 operating expenses were $3.6 billion, up 29% year over year. Continued R&D investment was identified as the driver of the increase. Operating income reached a record $3.9 billion, up 75% year…
• Client and Gaming demand trendsImportance 47 · Surprise 48
  Higher memory and component costs weighed on PC demand, and PC sales slowed late in AMD’s third quarter. The report said consumers would be more sensitive to higher system prices, while AMD’s Client revenue was $2.95…
• Macroeconomic Consumer PressureImportance 47 · Surprise 48
  AMD expects PC shipments across the market to decline by a double-digit percentage in 2027, according to CEO Lisa Su. The report attributes pressure on PC demand to higher memory and component costs and says consumers…
• Other Income (Expense), NetImportance 46 · Surprise 42
  AMD recorded a $1.1 billion noncash third-quarter 2026 charge tied mainly to stock warrants granted to OpenAI and Meta Platforms under AI chip-supply agreements. The charge was reflected in GAAP diluted earnings of…
• Customer Dynamics — AI PartnershipsImportance 46 · Surprise 42
  AMD’s chip-supply agreements with OpenAI and Meta include warrants that could allow the two customers to purchase up to 10% of AMD, subject to performance milestones. Reporting said shipments under the arrangements…
• Capital Expenditures ProgramImportance 45 · Surprise 64
  AMD's capital spending nearly tripled to $648 million in the September 2026 quarter. The spending focused on infrastructure and long-term assets. The reported amount was slightly below analyst expectations.
• Capital Expenditure IncreaseImportance 45 · Surprise 64
  AMD's capital spending nearly tripled to $648 million in the September quarter. The spending was focused on infrastructure and long-term assets. The report does not specify a further spending target or timeframe.
• Competition and Market ShareImportance 40 · Surprise 56
  AMD’s Data Center business benefited from demand for both AI accelerators and EPYC server CPUs, while Intel’s PC business was described as losing momentum. AMD reported third-quarter revenue growth of 45%, compared…
• Gross Margin DriversImportance 31 · Surprise 32
  AMD's third-quarter 2026 gross margin was 56%, up 190 basis points year over year. The reported driver was a richer product mix, accompanying the company's ramp of next-generation data center products. The margin…

Earnings call · 2026-11-03

• Guidance / OutlookImportance 100 · Surprise 100
  AMD guided to fourth-quarter 2026 revenue of approximately $17 billion, plus or minus 3%, representing about 66% year-over-year growth and 27% sequential growth at the midpoint. The sequential outlook includes…
• Guidance and OutlookImportance 100 · Surprise 100
  AMD expects fourth-quarter 2026 revenue of approximately $17 billion, plus or minus 3%, representing approximately 66% year-over-year growth, driven primarily by acceleration in Data Center. Management now expects…
• Operating Expense TrendsImportance 75 · Surprise 48
  Third-quarter operating expenses were $3.6 billion, up 29% year over year, as AMD invested in data center silicon, systems, and software capabilities. Fourth-quarter non-GAAP operating expenses were guided to…
• Data Center Revenue and ProfitImportance 69 · Surprise 64
  Third-quarter Data Center revenue reached a record $8.5 billion, up 97% year over year and 27% sequentially, driven by server growth and initial MI450 Series sales. Data Center operating income increased 168% year over…
• Server CPU Demand TrendsImportance 69 · Surprise 64
  EPYC server sales more than doubled year over year in both cloud and enterprise, and AMD said it gained revenue share. Hyperscalers expanded EPYC capacity for internal services, public cloud, and agentic workloads;…
• Revenue Performance and MixImportance 64 · Surprise 56
  Third-quarter 2026 revenue rose 45% year over year to a record $13.4 billion and increased 16% sequentially. Data center revenue grew 97% year over year to $8.5 billion, while Client and Gaming revenue fell 8% to $3.7…
• Client and Gaming PerformanceImportance 64 · Surprise 56
  Third-quarter Client and Gaming revenue declined 8% year over year to $3.7 billion, and segment operating income fell to $573 million from $867 million. Client revenue increased 7% to $2.9 billion on Ryzen mobile…
• Gross Margin DriversImportance 59 · Surprise 32
  Third-quarter gross margin was 56%, up 190 basis points year over year, reflecting a richer product mix. AMD guided to fourth-quarter non-GAAP gross margin of approximately 55%. Management said Data Center AI revenue…
• AI Infrastructure DemandImportance 58 · Surprise 42
  Frontier labs, hyperscalers, and cloud providers expanded Instinct deployments for inference and training, driving record data center AI demand. AMD began volume shipments of MI455X, and Anthropic, Meta, Microsoft,…
• Embedded Segment PerformanceImportance 53 · Surprise 48
  Third-quarter Embedded revenue rose 29% year over year to $1.1 billion and increased 14% sequentially. Growth was led by aerospace and defense, automotive, communications, and industrial customers. Embedded operating…
• Advanced Packaging CapacityImportance 50 · Surprise 24
  AMD said customer demand across data center CPUs and AI products currently exceeds available supply and that it is working with supply-chain partners to increase capacity. Management identified wafers, substrates,…
• Strategic InitiativesImportance 46 · Surprise 42
  For the next three to five years, AMD plans to increase R&D investment across its silicon, software and systems road maps while working with its largest customers on their infrastructure plans. Management also said AMD…
• Supply Chain And InventoryImportance 44 · Surprise 24
  Inventory increased approximately $3 billion sequentially to $11.5 billion in the third quarter to fulfill strong Data Center demand. AMD said it expects to continue investing in inventory and capacity to support…
• Macroeconomic Consumer PressureImportance 42 · Surprise 40
  Management said PC sell-through slowed late in the third quarter as higher memory and other component costs raised system prices and weighed on demand. The company expects PC market unit shipments to decline by a…
• Product Launch and TransitionImportance 39 · Surprise 50
  AMD began revenue shipments of EPYC Venice in the third quarter, with initial OEM systems expected to become available this quarter and cloud deployments preceding instance rollouts planned for early 2027. OEM and ODM…
• Other Income (Expense), NetImportance 38 · Surprise 24
  Third-quarter GAAP diluted EPS was $1.46 and included a $1.1 billion noncash charge in other income and expense. The charge primarily reflected an increase in AMD’s share price and changes in the estimated probability…
• AI Chip CompetitionImportance 38 · Surprise 30
  AMD positioned MI455X and Helios around compute performance, memory capacity and bandwidth, and rack-level total cost of ownership for AI workloads. Management said customer deployment choices depend importantly on…
• Liquidity and Cash PositionImportance 37 · Surprise 6
  At the end of the third quarter, AMD held $15.8 billion in cash, cash equivalents, and short-term investments. Total debt was $7.1 billion, including the $4.75 billion senior notes offering completed in August 2026.
• Acquisition / Partnership / DivestitureImportance 34 · Surprise 42
  AMD announced acquisitions of Taalas and World Labs during the third quarter and expects both transactions to close by year-end 2026. Taalas brings an engineering team and specialized silicon for low-latency, efficient…
• AI Software EcosystemImportance 34 · Surprise 42
  AMD launched ROCm 10 with faster startup across large GPU clusters and improved resilience for long-running workloads. ROCm.AI adds agentic workload profiling and tuning intended to reduce optimization work from weeks…
• European Supercomputer SelectionImportance 34 · Surprise 42
  EuroHPC selected AMD Instinct MI430X GPUs and sixth-generation EPYC processors for LUMI-AI, described as Europe’s next flagship supercomputer. The system is planned to come online in the second half of 2027. AMD…
• European Supercomputer DeploymentImportance 34 · Surprise 42
  EuroHPC selected AMD Instinct MI430X GPUs and sixth-generation EPYC processors for LUMI-AI, Europe’s next flagship supercomputer. The system is planned to come online in the second half of 2027. Management said the…
• Embedded Market DemandImportance 32 · Surprise 24
  AMD reported strong embedded demand across aerospace and defense, automotive, communications, and industrial customers. Data center build-outs also increased demand for embedded CPUs and adaptive SoCs used in…
• Operating Cash Flow TrendsImportance 27 · Surprise 6
  AMD generated $1.2 billion of cash from operating activities of continuing operations in the third quarter. Free cash flow was $554 million, reflecting higher working-capital investment and ongoing capital expenditures…
• Client and Gaming DemandImportance 26 · Surprise 24
  PC sell-through slowed late in the quarter as higher memory and component costs weighed on demand, and AMD said it was aligning sell-in with sell-through to maintain healthy customer and channel inventory. Management…
• Income Tax Rate ChangesImportance 16 · Surprise 6
  AMD expects a non-GAAP effective tax rate of 13% in the fourth quarter of 2026. The company included this rate in its fourth-quarter financial outlook; no tax-related dollar impact was specified.

8-K · 2026-11-03

• Customer DynamicsImportance 31 · Surprise 42
  Oracle Cloud Infrastructure announced that its OCI Compute E7 instances will use sixth-generation EPYC CPUs for enterprise applications and CPU services surrounding models. Google Cloud and Microsoft announced general…
• AI Software EcosystemImportance 31 · Surprise 42
  AMD released ROCm 10 to provide AI-native developer experiences on AMD platforms, including ROCm.AI. The release includes performance improvements and updated libraries, compilers, frameworks, tools and model support.…
• Manufacturing And CapacityImportance 31 · Surprise 42
  AMD's CEO said production of Helios and “Venice” would be scaled as the company responds to strengthening demand for Instinct and EPYC products. The release gives no production-capacity or utilization figures. This…