Advanced Micro Devices will report third-quarter results after the market close on Tuesday, November 3. Wall Street expects revenue of about $13.1 billion, up 42%, and adjusted earnings per share of $1.95, up 62%. The data center segment, with revenue estimated at $8.2 billion to $8.3 billion, is the main driver of these projections thanks to EPYC processors and Instinct accelerators. The stock, down nearly 30% from its recent record high, is under pressure from a broader semiconductor selloff and Intel’s disappointing outlook. Investors will closely watch Helios system testing at Meta, a potential agreement for customized MI450 GPUs and planned deployments with Anthropic.
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