# CNBC — AMD stock jumps 8% on earnings as data center revenue nearly doubles

- Company: CNBC (cnbc.com)
- Announced: 2026-11-03T21:20:14+00:00
- Category: funding-company-news
- Coverage: not counted
- Announcement: yes
- Group: announcements
- Source: https://www.cnbc.com/2026/11/03/amd-amd-q3-earnings-report-2026-.html
- Record: https://forck.live/items/31264-amd-stock-jumps-8-on-earnings-as-data-center-revenue-nearly-doubles
- Subject: Reporting

AMD reported better-than-expected third-quarter results, driven by booming sales of AI chips, and its stock jumped 8% on the earnings. The report points to data center revenue nearly doubling, according to CNBC.

## Evidence

Verbatim from https://www.cnbc.com/2026/11/03/amd-amd-q3-earnings-report-2026-.html:

> AMD reported better-than-expected third-quarter results, driven by booming sales of AI chips

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Record: https://forck.live/items/31264-amd-stock-jumps-8-on-earnings-as-data-center-revenue-nearly-doubles
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