Nov 3, 4:16 PM ET
Advanced Micro Devices reported third quarter 2026 revenue of $13.4 billion, reflecting a 45% increase year-over-year, alongside net income of $2.4 billion. The results were driven by record Data Center segment sales which nearly doubled compared to the prior-year period. For the fourth quarter of 2026, the company expects revenue of approximately $17 billion.
- Third quarter 2026 revenue reached $13.4 billion, up 45% year-over-year.
- Data Center segment revenue grew 97% year-over-year to a record $8.5 billion.
- GAAP net income for the quarter ended September 26, 2026, was $2.4 billion, with diluted earnings per share of $1.46.
- Fourth quarter 2026 revenue is expected to be approximately $17 billion, plus or minus 3%.
Read the filing on SEC.gov ↗
Aug 19, 4:16 PM ET
AMD appointed Tim Ryan, Head of Technology and Business Enablement at Citi, to its board of directors effective August 19, 2026, replacing retiring director Joe Householder. The filing also reports committee changes, including KC McClure becoming chair of the Audit and Finance Committee; the filing reports no financial results or guidance.
- Joe Householder, a director since 2014, retires from the board effective August 19, 2026, not due to any disagreement with the company.
- Tim Ryan was appointed to the board on August 19, 2026 and is deemed independent under Nasdaq and SEC rules.
- KC McClure succeeds Householder as chair of the Audit and Finance Committee; Nora Denzel joins that committee and McClure joins the Nominating and Corporate Governance Committee.
- Ryan is a certified public accountant who spent more than three decades at PwC, serving as U.S. Chair and Senior Partner from 2016 to 2024.
Read the filing on SEC.gov ↗
Aug 17, 4:05 PM ET
On August 17, 2026, Advanced Micro Devices closed a $4.75 billion public offering of senior notes in four tranches maturing 2029 through 2036, with coupons from 4.600% to 5.500%. The company intends to use the net proceeds for general corporate purposes, which may include debt repayment, so the filing adds fixed-rate debt obligations for shareholders to weigh.
- Four tranches: $1.25 billion 4.600% notes due August 17, 2029; $1.50 billion 5.000% notes due 2031; $1.00 billion 5.250% notes due 2033; $1.00 billion 5.500% notes due 2036
- Underwriting agreement dated August 13, 2026 with Barclays, BofA Securities, Citigroup, J.P. Morgan, Morgan Stanley and Wells Fargo, at prices of 99.757% to 99.921% of principal
- Notes are general unsecured senior obligations; holders may require repurchase at 101% of principal upon a Change of Control Triggering Event
Read the filing on SEC.gov ↗
Aug 4, 4:16 PM ET
AMD reported second-quarter 2026 results on August 4, 2026, with revenue of $11.5 billion, up 50% from a year earlier, and GAAP diluted earnings per share of $1.38, compared with $0.54 a year earlier. The company expects third-quarter 2026 revenue of about $13 billion, plus or minus $300 million, which the filing says implies year-over-year growth of about 41% at the midpoint.
- Q2 2026 revenue $11.5 billion, up 50% year-over-year; GAAP net income $2.3 billion versus $872 million a year earlier
- Non-GAAP diluted EPS $1.66 versus $0.48 in Q2 2025; Q2 2025 included $800 million in export-control related inventory charges
- Data Center segment revenue $6.7 billion, up 107% year-over-year; Gaming revenue $779 million, down 31%
- Q3 2026 outlook: revenue about $13 billion (plus or minus $300 million) and non-GAAP gross margin about 56%
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.