AMD’s stock jumped about 15% in extended trading after the company reported strong earnings for the first quarter of 2026. The surge reflects robust demand for AI infrastructure and data center growth.
Early Tuesday, AMD announced a first quarter revenue of $10.3 billion, marking a 38% increase from $7.44 billion a year ago. The data center segment contributed significantly, generating $5.8 billion in revenue—up 57% year-over-year.
Dr. Lisa Su, AMD’s CEO, stated, “We delivered an outstanding first quarter, driven by accelerating demand for AI infrastructure, with Data Center now the primary driver of our revenue and earnings growth.” The company’s gross margin stood at 53%.
Operating income reached $1.5 billion, while net income was reported at $1.4 billion. The diluted earnings per share were $0.84, with a non-GAAP diluted EPS of $1.37.
The Client and Gaming segment also performed well, bringing in $3.6 billion—an increase of 23% year-over-year. Jean Hu, AMD’s CFO, emphasized the company’s continued momentum and execution across its business.
Looking ahead, AMD expects revenue for Q2 2026 to be approximately $11.2 billion. Dr. Su added, “Looking ahead, we expect server growth to accelerate meaningfully as we scale supply to meet demand.” Investors are keenly watching how these developments will influence AMD’s market position.
