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Advanced Micro Devices heads into earnings with strong momentum
['Editorial Team']
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AMD's data center and AI segments are firing on all cylinders, and the stock price shows Wall Street is paying attentionAMD just posted a quarter that would make most chipmakers blush.
The company reported Q1 2026 revenue of $10.3 billion, a 38% jump compared to the same period last year, with its data center business doing most of the heavy lifting.
Su has projected that AI revenue alone could reach tens of billions annually by 2027.
The company guided Q2 2026 revenue at approximately $11.2 billion, which would represent another meaningful step up from Q1.
The company’s current strategic emphasis is squarely on AI and data center applications rather than mining hardware, and AMD’s earnings narrative contained zero references to digital assets, blockchain protocols, or tokens.