EU Antitrust Probe Could Lead to Massive Google Fine Under DMA Rules 
Lam Research Expands AI-Powered Semiconductor Tools and Arizona Operations 
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence 
Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion 
Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks 
Samsung Union Dispute Escalates Over Semiconductor Bonus Vote 
SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target 
Salesforce Q1 FY2027 Earnings Beat Expectations Despite Soft Q2 Revenue Outlook 
Samsung to Invest $1.5 Billion in Vietnam Semiconductor Testing Plant by 2027 
SpaceX IPO Hype Raises Questions as Many Major Stock Debuts Underperform Market 
PDG Explores $1 Billion Sale of China Data Center Assets 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
Elon Musk Explores Possible Tesla-SpaceX Merger Amid Growing AI Investments 
HP Q2 2026 Earnings Beat Expectations Despite Memory Chip Pressure 
Morgan Stanley Names Top AI Security and Data Center Stocks for 2026 
SK Hynix Joins $1 Trillion Club as AI Chip Demand Fuels Stock Surge 
Synopsys Q2 FY2026 Earnings Beat Driven by AI and Semiconductor Demand 
AMD shares fell 7% in after-hours trading following Q4 guidance that missed Wall Street expectations. Despite surpassing Q3 revenue and earnings estimates, AMD’s revenue forecast of $7.2–$7.8 billion raised concerns over supply constraints impacting its growth potential, particularly within gaming.
AMD Surpasses Q3 Expectations, But Weak Q4 Guidance and Gaming Revenue Decline Raise Concerns
According to Wccftech, the publication of AMD's fourth-quarter guidance prompted a 7% decline in AMD shares in after-market trading, which exacerbated investor apprehensions regarding the limited capacity of semiconductor designers to achieve their ambitious revenue and profit objectives due to supply constraints. AMD's third-quarter revenue of $6.82 billion and adjusted earnings per share (EPS) of $0.92 surpassed analyst expectations of $6.7 billion in revenue and $0.70 EPS, indicating a significant improvement. Nevertheless, AMD's Q4 revenue guidance of $7.2 billion to $7.8 billion, with a midpoint of $7.5 billion, was below the $7.54 billion analysts had anticipated.
While Q4 guidance was disappointing, AMD’s data center segment continued to show strength, fueled by the demand for high-performance computing solutions. During Q3, the data center division generated $3.5 billion in revenue, reflecting a 122% annual growth. The data center operating margin also reached 29%, a ten-percentage point increase from the previous year’s 19%.
However, robust data center gains were offset by a significant decline in AMD's Gaming division, which covers its GPU and gaming GPU sales. Gaming revenue was $462 million for Q3, down sharply from $1.5 billion the previous year. AMD attributed this decline to "lower semi-custom revenue," hinting at weaker console sales as a contributing factor.
AMD CEO Reassures on Data Center Demand Amid Modest Growth and Q4 Guidance Concerns
Despite the softer Q4 outlook, AMD CEO Lisa Su reassured investors about the strong demand for AMD’s data center products and workloads. Additionally, AMD’s Client segment, which includes consumer CPU products and targets consumer AI applications, grew by 29% annually to reach $1.9 billion, driven by demand in the laptop market.
AMD has benefited from rising demand for AI-focused semiconductors and its larger competitor, NVIDIA. However, unlike NVIDIA, which saw triple-digit share price gains in 2024, AMD has experienced more modest growth, attributed to its smaller scale and the industry's preference for NVIDIA GPUs in AI-related workloads.
Following AMD’s revised guidance, which led to the 7% share price decline, rival shares remained unaffected. NVIDIA traded flat, along with TSMC’s American Depository Receipts (ADRs) and Intel Corporation shares, following similar trends in regular and after-market trading.
