AMD Q3 Revenue Falls Short of Projections Amid Softer PC Demand

Advanced Micro Devices reported Q3 revenue of US$6.9 billion, narrowly missing Wall Street estimates as weaker PC and gaming chip sales offset strength in data-center units. The company maintained its gross margin outlook at 51% and projected modest growth in Q4 driven by enterprise processors. Shares dipped 1.4% in after-hours trading as investors weighed cautious guidance. Analysts said AMD’s longer-term positioning remains strong in AI and server segments despite cyclical headwinds in consumer electronics and persistent pricing pressure from rivals.