AMD Q1 2026 earnings report
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the 2026 CES event in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026.
Bridget Bennett | Bloomberg | Getty Images
Advanced Micro Devices exceeded expectations with its first-quarter earnings report, showcasing strong performance driven by the growing demand for chips used in artificial intelligence workloads. The company’s revenue forecast also surpassed estimates, leading to a 15% surge in its stock price during extended trading.
Key highlights from the quarter ended in March compared to LSEG consensus estimates include:
- EPS: $1.37 vs. $1.29 adjusted expected
- Revenue: $10.25 billion vs. $9.89 billion expected
AMD reported a 38% increase in revenue from the previous year, with data center sales soaring by 57% to $5.8 billion. Net income also rose significantly, reaching $1.38 billion in the quarter.
The company’s second-quarter revenue forecast of $11.2 billion surpassed expectations, highlighting the strength of its data center unit as a key revenue driver.
CEO Lisa Su emphasized the company’s focus on scaling supply to meet the demand for server growth, expecting significant acceleration in the coming years.
AMD’s stock has experienced remarkable growth, reflecting investor optimism in the company’s position in the semiconductor market. The company’s strategic partnerships and product developments, including the introduction of Helios for AI data centers, have further solidified its position as a key player in the industry.
Overall, AMD’s performance in the first quarter and its outlook for the future demonstrate its strong growth trajectory and leadership in the competitive semiconductor market.
