AMD has announced its financial results for the third quarter, showing a significant increase in profits and revenue that exceeded expectations. The chipmaker reported a 36% rise in Q3 revenue to $9.2 billion, beating estimates on both the top and bottom lines. Despite the strong performance, investor sentiment remained cautious, with the outlook for Q4 only meeting existing estimates. Analysts highlight that while AMD is well-positioned in the AI sector, the stock saw a decline after the results were released, reflecting the overall market sentiment. The company is expected to maintain its momentum driven by data center demand and ongoing developments in AI technology.