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AMD stock jumps 8% on earnings as data center revenue nearly doubles

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AMD forecasts faster-than-expected 2027 growth as data center sales surge

AMD forecast faster-than-expected 2027 revenue growth after data center sales nearly doubled, with shares rising 8% in extended trading as the company's challenge to Nvidia in AI chips gains momentum.

Nov 3, 2026·3 sourcesAMD GPUMetaAI investmentCompute, chips & AI infrastructureMicrosoftAI acceleratorsAMD's acquisition of World LabsAI data centersOpenAITSMCMuseAI chipsSan FranciscoAI agents
AMD forecasts faster-than-expected 2027 growth as data center sales surge
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Other sources for this story

Reuters

AMD forecast eases AI spending fears as data-center sales surge | Reuters

Bloomberg

AMD Forecasts Higher Sales as AI Chip Demand Drives Data Center Growth