---
title: "AMD Shares Rebound 7% Premarket After 17% Rout: Here's What's Happening"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304628567.md"
description: "AMD shares rebounded 7% in premarket trading following a 17% rout, driven by strong Q3 earnings that beat analyst expectations. Revenue reached $13.38 billion and EPS was $2.09, with data-center revenue surging 97% year-over-year to $8.55 billion."
datetime: "2026-11-06T11:08:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304628567.md)
  - [en](https://longbridge.com/en/news/304628567.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304628567.md)
generator: "portal-rs"
---

# AMD Shares Rebound 7% Premarket After 17% Rout: Here's What's Happening

**Advanced Micro Devices Inc.** (NASDAQ:AMD) shares are trending on Friday.

Shares of the California-based semiconductor company jumped 7.07% to $433.01 in pre-market trading on Friday.

On Thursday, the stock closed at $404.40, down 17.26%. Memory chipmaker **Micron Technology Inc.** (NASDAQ:MU) tumbled 17.46% on Thursday

## AMD Q3 Earnings Beat Estimates on Data-Center Strength

AMD reported third-quarter results on Tuesday. Revenue for the period came in at $13.38 billion, beating the analyst estimate of $13.10 billion by 2.13%.

Earnings per share were $2.09, topping the expected $1.89 by 10.6%.

AMD’s data-center revenue rose 97% from a year earlier to $8.55 billion.

 **Read Also: Why Is Tesla (TSLA) Stock Trending After Hours?** 

## Trading Metrics, Technical Analysis

AMD has a market capitalization of about $660.17 billion. Over the past 52 weeks, its stock has traded as high as $658.52 and as low as $188.22.

The Relative Strength Index (RSI) of AMD stands at 29.75.

The stock has gained 70.13% over the past 12 months.

***Disclaimer:*** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.*

Image via Shutterstock

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## Related News & Research

- [These Analysts Revise Their Forecasts On AMD After Q3 Results](https://longbridge.com/en/news/304279514.md)
- [‘Everyone Needs Compute’: Lisa Su Sees AMD’s AI Data Center Business More Than Doubling in 2027 as Wedbush Backs $600 Target](https://longbridge.com/en/news/304242508.md)
- [AMD Is a 'Top Pick': TD Cowen Sees Strong AI Momentum After Q3 Beat and Raise](https://longbridge.com/en/news/304264552.md)
- [Advanced Micro Devices, Inc. $AMD Shares Acquired by Integrity Advisory Solutions LLC](https://longbridge.com/en/news/304246019.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**