AMD's Earnings Blow Past Estimates on Strong Demand for Data Center Chips

1. AMD reported Q3 earnings surpassing expectations, driven by strong data center chip sales. 2. Q3 revenue rose 36% to $9.25 billion, exceeding analyst projections significantly. 3. Data center segment sales increased 22% year-over-year, totaling $4.3 billion. 4. AMD forecasts Q4 revenue between $9.3 billion and $9.9 billion, above consensus. 5. Stock dipped 1% post-results, reflecting broader market concerns about AI valuations.