Advanced Micro Devices (NASDAQ: AMD) will release its fiscal third quarter 2026 financial results on Tuesday, November 3, 2026. The announcement follows the market close, with management scheduled to discuss the figures during a conference call at 5:00 pm ET / 2:00 pm PT.

Conference call and investor access

Interested parties can listen to the webcast of the earnings conference call via AMD’s Investor Relations website. The company has not disclosed specific financial metrics or guidance in this preliminary announcement.

Upcoming investor events

AMD also confirmed its participation in two major financial community events in December 2026. These appearances provide additional opportunities for investor engagement following the quarterly report.

Webcasts of the presentations at these conferences will be accessible on AMD’s Investor Relations website under the news and events calendar.

Advanced Micro Devices (NASDAQ: AMD) has entered a definitive agreement to acquire World Labs, an AI model and research lab, in an all-stock transaction valued at approximately $8.2 billion. The acquisition aims to strengthen AMD's ability to develop AI hardware and software for emerging models.

World Labs, headquartered in San Francisco, specializes in spatial-intelligence models that generate and simulate interactive 3D environments from text, image, and video inputs. The company also develops technology for robotic learning and simulation. Following the close of the transaction, the World Labs team will continue its focus on advancing AI model research.

Strategic leadership integration

Dr. Fei-Fei Li, co-founder and CEO of World Labs, will join AMD as executive vice president and chief scientist, reporting directly to Dr. Lisa Su, chair and CEO of AMD. This leadership integration is designed to provide AMD with deeper insight into how AI workloads are evolving, particularly as the technology expands into reasoning, robotics, simulation, and physical AI.

"Building the compute platforms for the next generation of AI requires a deep understanding of how models are evolving," said Dr. Lisa Su. "Fei-Fei and the World Labs team bring exceptional research leadership and model expertise. Together, we can use that insight to develop the hardware, software and systems that will power the next generation of AI and strengthen the open AI ecosystem."

Transaction details and timeline

The acquisition is structured as an all-stock deal and is expected to close by the end of 2026. The completion of the transaction remains subject to regulatory approvals and other customary closing conditions. The move advances AMD’s strategy to deliver AI infrastructure for an open ecosystem by combining hardware capabilities with advanced model expertise.

Market reaction

Following the announcement, AMD shares exhibited minimal movement during after-hours trading. According to Benzinga Pro data, the stock last traded up 0.08% at $608.38 late Monday. The muted response suggests investors are currently digesting the strategic implications of the acquisition rather than reacting to immediate financial impacts.

What the numbers show

The $8.2 billion valuation underscores the premium placed on specialized AI research capabilities rather than immediate revenue contribution. By acquiring a lab focused on spatial intelligence and robotics, AMD is diversifying its portfolio beyond traditional compute metrics. The deal highlights a strategic shift where hardware providers are integrating deep model research internally to better align infrastructure roadmaps with the specific demands of physical AI and simulation workloads, which require distinct computational architectures compared to standard language models.