AMD Revenue Rises 38% Driven by Data Center Growth in Q1 2026

AI Summary

Advanced Micro Devices (AMD) reported a 38% year-over-year revenue increase to $10.3 billion in Q1 2026. The data center segment saw a revenue jump of 57%, contributing $5.8 billion and now accounting for over half of AMD's total revenue. AMD forecasts Q2 revenue of approximately $11.2 billion, reflecting a potential 46% growth year-over-year. The company's advancements, including the deployment of AMD Instinct GPUs by Meta Platforms, support ongoing growth prospects through 2027. However, the semiconductor sector faced a sell-off this week, affecting AMD despite its positive performance.