AMD Stock Jumps 7% After Q3 Beat and an 80% Growth Target for 2027
Photo: CoinCentral
TLDR AMD stock rose about 7% to $518 in premarket trading Wednesday after closing Tuesday at $483.90. Q3 earnings per share were $2.09 and revenue rose 45% to $13.4 billion, both above estimates. Data center sales grew 97% to $8.5 billion. AMD guided Q4 revenue to $17 billion, above the $16.3 billion analysts expected. Lisa Su said 2027 revenue should grow 80% or more. AMD stock jumped about 7% to $518 in premarket trading Wednesday after a third-quarter report that beat on both lines. It closed Tuesday at $483.90, up 3.65%.
Source: CoinCentral
