AMD released its third-quarter financial results after the close of the U.S. stock market. The report revealed that the company’s revenue for the quarter hit $9.246 billion, marking a 36% year-over-year increase and surpassing market forecasts. Net profit reached $1.243 billion, up 61% year-over-year, translating to earnings per share of $0.75. Capital expenditures amounted to $258 million, also exceeding expectations. Within these figures, revenue from the data center segment stood at $4.3 billion, reflecting a 22% year-over-year rise and outperforming analyst projections. However, operating profit in this area fell short of expectations, with the profit margin declining to 25%. AMD anticipates fourth-quarter revenue to fall between $9.3 billion and $9.9 billion, with a non-GAAP gross margin projected at approximately 54.5%, aligning with market consensus. Following the release of the financial report, AMD’s stock price initially dipped by around 3.7% in after-hours trading, though the decline later eased somewhat.