🟢 Advanced Micro Devices is trading 4.1% up today as third-quarter results beat expectations

Advanced Micro Devices is trading at $503.56, up 4.06%, after third-quarter results beat expectations and management issued stronger fourth-quarter revenue guidance.

• Record Data Center revenue grew 97% to $8.55 billion; fourth-quarter revenue is forecast at about $17 billion.
• Management expects 2027 revenue growth above 80%, reinforcing confidence in demand for AI infrastructure and server processors.
• The semiconductor sector gained 2.95%, while broader market strength may provide additional support.