AMD earnings beat estimates, but the stock stays under pressure
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Advanced Micro Devices (AMD) reported FQ3 2026 on Nov 3. Revenue was $13.38B against a $13.06B estimate, and EPS was $2.09 against $1.94 (+7.7%). Even so, the stock traded at $487.08 (+0.66%) as of Nov 4, 12:25 PM EST. The after-hours print of $518.99 (+7.25%)…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe quarter beat expectations, but the stock had already priced in strong results and remains far below its high.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01AMD revenue was $13.38B against a $13.06B estimate.
- 02EPS was $2.09 against $1.94 expected.
- 03Data Center revenue rose 97% to a record $8.5B.
- 04The stock is down 15.8% over the past week and well below its 52-week high.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets