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AMD Earnings Surpass Estimates with Strong Data Center Performance
AMD Earnings Surpass Estimates with Strong Data Center Performance
BTCCSquare news:
Advanced Micro Devices (AMD) delivered a robust third-quarter performance, exceeding analyst expectations with earnings of $1.20 per share against a projected $1.17. Revenue surged 35.6% year-over-year to $9.2 billion, outpacing the $8.76 billion consensus. The Data Center segment drove growth, posting a 22% revenue increase to $4.3 billion, fueled by demand for 5th Gen EPYC processors and Instinct MI350 GPUs.
For Q4 2025, AMD anticipates revenue between $9.3 billion and $9.9 billion—well above the $9.196 billion forecast—with a non-GAAP gross margin of 54.5%. Wall Street maintains a Moderate Buy rating, with 29 of 39 analysts recommending the stock.
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