AMD Reports First Quarter 2026 Financial Results - Advanced Micro Devices (NASDAQ:AMD)
Data Center revenue climbed to $5.8 billion as AMD said demand for EPYC processors and Instinct GPUs drove growth across cloud and AI customers.
- On Tuesday, May 5, 2026, Advanced Micro Devices, Inc. reported first-quarter 2026 financial results, posting revenue of $10.25 billion, a 38% increase year-over-year.
- The Data Center segment surged 57% year-over-year to $5.8 billion, driven by strong demand for AMD EPYC processors and AMD Instinct GPUs amid accelerating AI infrastructure adoption.
- GAAP net income surged 95% to $1.38 billion, while non-GAAP diluted earnings per share reached $1.37, a 43% increase from the prior year.
- AMD chair and CEO Dr. Lisa Su called it an "outstanding quarter," noting that accelerating AI infrastructure demand has made Data Center the primary revenue driver.
- For the second quarter, AMD issued revenue guidance of $11.2 billion, reflecting anticipated 46% growth as the company scales supply for high-performance CPUs and accelerators.
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AMD Reports First Quarter 2026 Financial Results - Advanced Micro Devices (NASDAQ:AMD)
SANTA CLARA, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced financial results for the first quarter of 2026. First quarter revenue was $10.3 billion, gross margin was 53%, operating income
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