AMD(US:AMD) Ge Long Hui·2025-11-05 09:11Core Viewpoint - AMD's third-quarter revenue reached $9.246 billion, a 36% increase from $6.819 billion in the same period last year, exceeding analyst expectations of $8.74 billion [1] - Non-GAAP earnings per share were $1.20, up 30% from $0.92 year-over-year, also surpassing analyst expectations of $1.17 [1] - Despite strong performance, concerns about AI bubble risks have led to a decline in AMD's stock price, indicating that the revenue outlook did not impress investors [1] Financial Performance - Third-quarter revenue: $9.246 billion, up from $6.819 billion year-over-year, representing a 36% growth [1] - Non-GAAP EPS: $1.20, compared to $0.92 in the same quarter last year, reflecting a 30% increase [1] - Analyst expectations: Revenue was anticipated at $8.74 billion and EPS at $1.17, both of which were exceeded [1] Market Context - AMD is viewed as the only major competitor to Nvidia in the AI chip market [1] - Recent stock price volatility and heightened market expectations have put AMD's performance under scrutiny [1] - Wall Street's growing concerns about the potential risks associated with an AI bubble are impacting investor sentiment towards AMD [1]