StocksMedium•4 November 2026•
1 min read
AMD Shares Jump 5% on Q3 Earnings Beat and Data Center Revenue Growth
Key Facts
1AMD shares jumped 5% in after-hours trading after third-quarter results exceeded expectations.
2Data center revenue nearly doubled, easing concerns about the sustainability of AI spending.
AMD shares jumped 5% in after-hours trading after the company's third-quarter results exceeded expectations. Invezz reported that data center revenue nearly doubled, which helped ease market concerns regarding the sustainability of global AI infrastructure spending.
AMD closed at $483.90 on November 3, 2026, while competitor Intel closed at $60.55 on the same date. In the broader semiconductor sector, NVDA closed at $206.69 and TSM closed at $404.80 on November 3, 2026.