StocksMedium•3 November 2026•
1 min read
AMD Stock Jumps 7% as Q3 Revenue Climbs 45%
Key Facts
1AMD shares rose following the release of its quarterly earnings report, reversing a previous downward trend.
AMD shares rose 7% after the company's third-quarter revenue jumped 45% year-over-year. MarketWatch reported that the growth was primarily driven by data center sales, which nearly doubled during the period.
The rally helps the stock recover from a prior 11% drop triggered by weak guidance from Intel. These financial results provided relief to the semiconductor and technology sectors following recent widespread selling pressure.