AMD Reports $10.25B Revenue, Projects $11.2B in Q2 2026
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowAdvanced Micro Devices (AMD) reported Q1 2026 revenue of $10.25 billion, which represents a year-over-year increase of 37.85%. Data Center revenue alone reached $5.78 billion, growing by 57%. For Q2, AMD anticipates revenue of $11.2 billion, with server CPU revenue projected to grow over 70% year-over-year. The company's stock has risen 96.58% year to date and 259.3% over the past year, driven by partnerships with Meta and OpenAI, although it currently has a trailing P/E ratio of 141.
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About Advanced Micro Devices Inc. (AMD)
Advanced Micro Devices designs CPUs and GPUs that compete with Intel and Nvidia across PCs, gaming consoles, data centers, and AI workloads.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
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