TradingKey – On November 3 ET, AMD (AMD) saw its stock move significantly higher in after-hours trading following the release of its third-quarter 2026 financial results. AMD’s stock rose 3.65% on the day to close at $483.90, reaching an intraday high of $497.40. Following the earnings release, the stock climbed further in extended trading to around $508, up 5.02%.
AMD’s third-quarter revenue reached $13.377 billion, up 45% year-over-year and exceeding market expectations of approximately $13.09 billion. Adjusted earnings per share were $2.09, above the market consensus of about $1.95. Adjusted gross margin was 56%, while adjusted operating income reached $3.923 billion, up 75% year-over-year.
The primary driver of growth this quarter…
