AMD stock falls 11.74% in a week as record quarter shifts AI focus

Published on 11/07/2026 at 10:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMD reported record third-quarter revenue as Data Center sales nearly doubled year over year. The AMD stock story now turns on stronger fourth-quarter delivery.

AI Demand Raises Execution Stakes

AMD delivered record third-quarter revenue as Data Center sales nearly doubled year over year.
Management expects fourth-quarter revenue of approximately 17 billion US dollars, with non-GAAP gross margin near 55 percent.
Strong operating momentum now leaves investors focused on production, margins and delivery against elevated AI expectations.

AMD, US0079031078, Illustration mit AI erstellt.

AMD reported record third-quarter revenue on Tuesday, November 3, as Data Center sales nearly doubled year over year. The company said in its earnings release that revenue reached 13.4 billion US dollars and Data Center revenue rose 97 percent to 8.5 billion US dollars.

The Xetra close fell from 451.55 euros on Friday, October 30, to 398.55 euros on Friday, November 6, a weekly decline of 11.74 percent. The move came despite AMD's strong quarterly figures and highlights how sharply investors are weighing AI growth against delivery and valuation expectations.

Record Results Meet Higher Expectations

AMD's non-GAAP diluted earnings per share rose 74 percent year over year to 2.09 US dollars, while non-GAAP gross margin increased to 56 percent. The company also reported GAAP operating income of 2.8 billion US dollars, up 123 percent from the year-earlier quarter.

Management expects fourth-quarter revenue of approximately 17 billion US dollars, plus or minus 3 percent. The midpoint would represent year-over-year growth of about 66 percent and sequential growth of about 27 percent, while non-GAAP gross margin is expected to be approximately 55 percent.

AMD stock traded at 401.10 euros on Lang & Schwarz at 10:41 CET on Saturday, November 7, 2026, 0.64 percent above the Xetra close of Friday, November 6, 2026. The real-time quote of AMD stock reflects the latest Saturday indication rather than a new Xetra session.

For the weekly closing prices, Berliner Volksbank lists AMD at 451.55 euros on October 30, while FinanzNachrichten.de lists the November 6 close at 398.55 euros. For investors, the next test is whether accelerating Data Center demand can translate into sustained revenue growth and expanding profitability.