Advanced Micro Devices is set to release its third-quarter financial results on Tuesday, November 3. The company's stock has faced significant pressure, declining nearly 11% on Friday and continuing to slide on Monday, leaving it approximately 30% below its recent all-time high.
Market analysts anticipate a strong performance, projecting revenue of about $13.1 billion, which represents a 42% increase from the $9.25 billion reported in the same period last year. Adjusted earnings per share are expected to reach $1.95, marking a 62% rise from the $1.20 recorded in the third quarter of 2025.
The Data Center segment is the primary growth driver, with revenue estimates ranging between $8.2 billion and $8.3 billion. This segment relies heavily on EPYC server processors and Instinct AI accelerators. The company is currently testing its Helios rack-scale systems at Meta.
AMD is exploring a potential partnership with Meta involving custom MI450 GPUs, with a reported investment of up to $1 billion to support AI infrastructure. Additionally, the company has plans to deploy large-scale systems with partners such as Anthropic, though production ramp-ups are expected to impact revenue primarily in the fourth quarter of 2026.
