"AMD posted $10.27 billion in revenue, a 34.1% year-over-year increase, and a $1.53 EPS, beating estimates by 5.64% and 15.91%. Despite this, shares fell 17.31% on the report, indicating that expectations had outrun the numbers."
"CEO Lisa Su stated that AMD is entering 2026 with 'strong momentum across our business, led by accelerating adoption of our high-performance EPYC and Ryzen CPUs and the rapid scaling of our data center AI franchise.'"
"CFO Jean Hu indicated that CPU revenue will increase sequentially, with GPU revenue also climbing, despite total company revenue guidance being down 5% sequentially due to seasonal client weakness."
"CEO Lisa Su framed the second-half launch of MI450 as 'an inflection point,' with volume scaling in Q4 alongside the 6 GW OpenAI deployment, highlighting the importance of updates on the ramp timeline and supply commentary."
AMD is set to report Q1 2026 results, with shares up 41.07% since February. Last quarter, AMD achieved $10.27 billion in revenue, beating estimates. Despite this, shares fell 17.31% post-report, indicating high expectations. Currently, AMD's stock has risen 57.03% in the past month. Key areas to watch include Data Center revenue, gross margin quality, and updates on the MI450 pipeline. CEO Lisa Su emphasized strong momentum driven by AI adoption and upcoming product launches.
Read at 24/7 Wall St.
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