Global Stock News

AMD Stock Rises Over 2% Pre-Market Ahead of Earnings With Helios Ramp-Up and PC Demand Guidance in Focus

AMD Stock Rises Over 2% Pre-Market Ahead of Earnings With Helios Ramp-Up and PC Demand Guidance in Focus

TradingKey – On November 3, AMD (AMD) rose over 2% in pre-market trading, with its stock price rebounding to around $478. The company will report its third-quarter 2026 financial results after the U.S. market close on Tuesday and host an earnings call at 5:00 p.m. ET.

amd-778c5994ac6949c89b2351129787923d

Source: TradingView

The market currently expects AMD’s quarterly revenue to be approximately $13.09 billion, with adjusted earnings per share of around $1.95. By comparison, the company’s previous revenue guidance was $13.0 billion, plus or minus $300 million, with an expected non-GAAP gross margin of around 56%.

This earnings report comes amid sharp volatility in chip industry sentiment. Competitor Intel (INTC) issued fourth-quarter revenue guidance last week that fell…

Source link

Share this article

Scroll to Top