AMD Posts $2.83 Billion Operating Profit as Shares Climb

AMD reported robust financial results for the third quarter of 2026. The company's operating profit reached $2.83 billion, representing a 123% increase compared to the same period last year. This positive performance directly impacted share value, which rose 6% in pre-market trading in New York.

Total revenue for the semiconductor manufacturer hit a record $13.38 billion. This figure surpasses the $9.25 billion recorded in the third quarter of 2025, marking a 45% jump. The company's net income totaled $2.43 billion for the period, consolidating a 95% year-over-year increase.

The primary driver of this growth was the data center segment, which generated $8.5 billion in revenue. This result represents a 97% expansion over last year, fueled by demand for EPYC processors and Instinct series GPUs. These components are essential for artificial intelligence infrastructure.

Management maintains an optimistic outlook for the end of the year. Expectations point to accelerating sales and earnings during the fourth quarter of 2026. The company projects revenue of approximately $17 billion for the period while focusing on expanding its production capacity.