AMD 1Q Profit, Revenue Jump on Growth of Data Center Business
By Kelly Cloonan
Advanced Micro Devices logged higher profit and revenue in its latest quarter as its data center business continues to boost results.
The chip maker posted a first-quarter profit of $1.38 billion, or 84 cents a share, compared with $709 million, or 44 cents a share, a year earlier.
Adjusted earnings per share were $1.37, compared with estimates of $1.29 a share, according to analysts polled by FactSet.
Revenue jumped 38% to $10.25 billion, compared with analyst estimates of $9.9 billion.
AMD's data center segment sales surged 57% year-over-year, driven by strong demand for its EPYC processors and the ramp-up of its Instinct GPU shipments.
Client and gaming segment revenue climbed 23%, helped by demand for its Ryzen processors and Radeon GPUs.
Chief Executive Lisa Su said the company's results were driven by accelerating demand for AI infrastructure.
"We are seeing strong momentum as inferencing and agentic AI drive increasing demand for high-performance CPUs and accelerators," Su said. "Looking ahead, we expect server growth to accelerate meaningfully as we scale supply to meet demand."
For the current quarter, AMD expects revenue of $11.2 billion, plus or minus $300 million. Analysts expect $10.54 billion.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
May 05, 2026 16:51 ET (20:51 GMT)
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