Chip manufacturer AMD (AMD.US) announced after the market closed that its third-quarter net profit increased by about 1.6 times to 0.771 billion US dollars year-on-year, excluding non-recurring items, with an adjusted earnings per share of 92 cents, in line with market expectations. The stock price fell more than 7% after hours.

Quarterly revenue increased by 17.6% year-on-year to 6.82 billion US dollars, higher than the market's expected 6.71 billion US dollars. Datacenter revenue surged by 1.2 times to 3.55 billion US dollars, exceeding the expected 3.49 billion US dollars; gaming business declined by 69% year-on-year to 0.46 billion US dollars.

AMD expects fourth-quarter revenue to be 7.5 billion US dollars, with a fluctuation of 0.3 billion US dollars, relative to the market expectation of 7.55 billion US dollars.