AMD is due to release its fiscal third-quarter 2026 results tonight, with analysts expecting revenue of $13.09 billion to $13.10 billion and non-GAAP earnings per share of $1.89 to $1.95. In the previous quarter, the company posted record revenue of $11.536 billion, including $6.718 billion from its data center business, up 107% year over year. For the third quarter, management targets more than $8 billion in data center revenue and a gross margin of about 56%. Investors will focus on the rollout of Helios systems, the performance of the MI350 and MI450 Instinct GPUs, and the company’s fourth-quarter and 2027 outlook. After the stock fell about 26% over the prior month, it could respond positively to confirmation that demand for artificial intelligence infrastructure continues to accelerate.
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