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AMD Set to Report Q3 Results Today With Data-Center Strength in Focus

Wall Street is focused on whether data-center growth meets elevated expectations.

Overview

  • AMD will report after the market close, with consensus calling for about $8.74–$8.76 billion in revenue and $1.16–$1.17 in earnings per share.
  • Zacks estimates roughly $4.18 billion in Q3 Data Center revenue, implying about 17.6% growth from a year ago.
  • Morgan Stanley expects a strong data-center quarter driven by server demand and Intel supply constraints that benefit EPYC CPUs.
  • Partnerships include OpenAI planning up to six gigawatts of AMD GPUs starting with one gigawatt of MI450 rack-scale systems in the second half of 2026, and Oracle preparing a large MI355X-based cluster.
  • Investors will watch AMD’s Nov. 11 Analyst Day for roadmap updates on Instinct accelerators and rack-scale offerings following the earnings release.