Advanced Micro Devices reports news on high-performance and AI computing products used across cloud and AI infrastructure, embedded systems, AI PCs and gaming. Recurring updates cover AMD Instinct GPUs, AMD EPYC processors, Ryzen AI processors, networking and software, along with customer and ecosystem collaborations tied to AI infrastructure and full-stack computing platforms.
Company news also includes quarterly financial results, earnings-call materials, annual stockholder meeting notices, product portfolio launches and strategic technology collaborations involving memory, compute infrastructure and AI platforms. These developments reflect AMD’s role as a semiconductor operating company serving data center, PC, gaming, embedded, industrial and automotive markets.
AMD (NASDAQ: AMD) is supplying 5th Gen EPYC processors for the host infrastructure of Google Cloud’s TPU 8tx AI system.
The deployment expands the companies’ collaboration into confidential AI acceleration, using hardware-based safeguards to protect data while it is being processed. EPYC processors handle data preparation, workload coordination and communication with the TPU accelerators. The system combines AMD’s Secure Encrypted Virtualization technology with TPU protections to help keep model weights, customer prompts and intermediate data protected across the host and accelerators. AMD says the collaboration helps enterprises deploy inference, fine-tuning and reinforcement learning workloads.
ON Semiconductor (ON) and four chip and storage peers fell as semiconductor stocks declined despite recently reported quarterly revenue growth. At 10:18 a.m. ET on November 5, the PHLX Semiconductor Index fell 8.05% to 9,442.47, about 35% below its highest close of the past 52 weeks but roughly 33% above its 2025 close.
ON reported third-quarter revenue of $1,722 million, up 11% year-over-year, and guided fourth-quarter revenue to $1,715 million–$1,815 million. AMD (AMD) reported third-quarter revenue of $13.4 billion, up 45%; Arm (ARM) reported fiscal second-quarter revenue of $1,443 million, up 27%. Seagate (STX) reported fiscal first-quarter revenue of $4,233 million versus $2,629 million a year earlier. Tower Semiconductor (TSEM) reported third-quarter revenue of $526 million, up 33%. All five reports preceded the session and do not address its selloff.
AMD (NASDAQ: AMD) joined IBM and Oak Ridge National Laboratory in launching a platform to study quantum error correction. The first deployment combines IBM quantum computers with ORNL's Umbra high-performance computing system, powered by AMD Instinct MI355X GPUs and 5th Gen AMD EPYC CPUs. AMD hardware supplies classical computing for research into correcting quantum errors, decoding optimization and coordinating software.
The platform supports research aligned with the Department of Energy's Quantum Genesis Mission, whose Q Competition targets 100 logical qubits running 100,000 hard operations by late 2028. That is a research target, not a result achieved by the platform.
AMD (NASDAQ: AMD) reported third-quarter 2026 revenue of $13,377 million, up 45% year over year and 16% sequentially. GAAP net income rose 95% year over year to $2,428 million, or $1.46 per diluted share. Gross margin reached 54%, up two percentage points from a year earlier, while operating income increased 123% to $2,832 million. Non-GAAP diluted earnings per share rose 74% to $2.09.
Data Center revenue grew 97% year over year to $8.5 billion. Client and Gaming revenue declined 8% to $3.7 billion, including a 40% Gaming decline; Embedded revenue rose 29% to $1.1 billion. AMD expects fourth-quarter revenue of approximately $17 billion, plus or minus 3%, implying approximately 66% annual growth at the midpoint, and approximately 55% non-GAAP gross margin. AMD also announced agreements to acquire World Labs and Taalas.
AMD (NASDAQ: AMD) expanded its collaboration with Meta, with initial Helios rackscale systems installed and undergoing testing at Meta.
AMD EPYC processors power Meta’s Muse AI agent, and Meta has deployed millions of EPYC processors across multiple generations. AMD Instinct GPUs are in production for training, ranking and recommendation workloads. Meta will also deploy a custom AMD Instinct GPU optimized for its workloads. AMD and Meta are collaborating on future processors, GPUs and integrated systems, with AMD describing infrastructure development and deployment at gigawatt scale. AMD will invest $1 billion in Meta’s equity offering. Broader Helios deployment remains a future step.
AMD (AMD) introduced Helion, an open rack-scale blueprint for infrastructure that supports AI agents performing tasks and coordinating workflows. Based on an Open Compute Project specification design, it supports CPU-only configurations for hyperscale customers and combined CPU/GPU configurations for enterprises. A CPU-only rack using 6th Gen AMD EPYC processors can support up to 32,768 CPU cores.
Configurations are under development with ecosystem partners, with availability planned for November 2026. AMD also plans to contribute the Helion specification to the Open Compute Project for community development and adoption.
AMD (AMD) will report fiscal third quarter 2026 financial results on November 3, 2026, after the market close. Management will discuss the results at 5 p.m. ET / 2 p.m. PT.
AMD will also participate in the UBS Global Technology and AI Conference on December 1 and Barclays 24th Annual Global Technology Conference on December 9, 2026. Webcasts will be available through AMD’s Investor Relations website.
AMD (AMD) agreed to acquire World Labs in an all-stock transaction valued at approximately $8.2 billion.
The deal is expected to close by the end of 2026, subject to regulatory approvals and other customary closing conditions. World Labs is a San Francisco-based AI model research lab led by Dr. Fei-Fei Li. Its spatial-intelligence models generate, reconstruct and simulate interactive 3D environments from text, image and video inputs. It also develops technology for robotic learning and simulation.
After the transaction closes, the World Labs team will continue AI model research. Li will join AMD as executive vice president and chief scientist, reporting to AMD CEO Dr. Lisa Su. AMD expects the team's model expertise to inform its development of AI hardware, software and systems.
AMD (NASDAQ: AMD), Cisco (NASDAQ: CSCO) and HUMAIN announced that AMD Instinct MI355X GPU-based AI infrastructure, built on Cisco Silicon One networking, is now live in Saudi Arabia and serving HUMAIN customers. The production system uses AMD Instinct GPUs, AMD EPYC CPUs and Cisco N9000 Series networking to deliver GPU-as-a-service for training and inference.
The companies’ joint venture plans to deploy up to 250 MW of AI infrastructure powered by AMD Instinct MI400 Series GPUs starting in 2027, with capacity coming online in the second half of that year, and remains on track to reach up to 1 GW by 2030.
AMD (NASDAQ: AMD) appointed Tim Ryan to its board of directors, effective Aug. 19, 2026. Ryan is Head of Technology and Business Enablement at Citi and previously spent more than three decades at PwC, including serving as U.S. Chair and Senior Partner from 2016 to 2024.
AMD also made board committee changes: KC McClure was named chair of the Audit and Finance Committee and appointed to the Nominating and Corporate Governance Committee, while Nora Denzel, lead independent director, joined the Audit and Finance Committee. These moves follow the retirement of long-serving director Joseph Householder after more than 11 years on the board.