AMD CEO Lisa Su testified at a Senate hearing on technology regulation. AMD reported Q3 results beating expectations with a revenue of $9.25 billion and net income of $1.24 billion. Q4 guidance includes $9.6 billion in revenue. AMD reached a deal with OpenAI for AI chips. Oracle plans to deploy 50,000 AMD AI chips next year.

Read more at CNBC: AMD Q3 earnings report 2025