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AI CURATED HOT STORY · 11/4/2026

AMD Net Profit Doubles in First Three Quarters of FY2026 Driven by AI Demand

1 reports archived1 independent sourcesupdated 11/4/2026, 05:27:22
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AMD reported a net profit of $6.108 billion for the first three quarters of fiscal year 2026, marking a 116.29% year-over-year increase and beating Wall Street expectations. The surge was primarily driven by strong demand for data center and AI computing chips, with gross margins rising to 54%.

LATEST/AMD reported a net profit of $6.108 billion for the first three quarters of fiscal year 2026, marking a 116.29% year-over-year increase and beating Wall Street expectations. The surge was primarily driven by strong demand for data center and AI computing chips, with gross margins rising to 54%.

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AMD Net Profit Doubles in First Three Quarters of FY2026 Driven by AI Demand | Today for AI