Amd stock

On May 5, 2026, AMD’s stock surged 15% after the company reported first quarter earnings that exceeded expectations, primarily driven by strong demand for AI infrastructure and significant growth in its data center segment.

AMD reported a first quarter revenue of 10.3 billion dollars, which represents a remarkable 38% increase compared to the $7.44 billion recorded a year ago. The company’s gross margin stood at 53%, while operating income reached $1.5 billion. Net income for the quarter was $1.4 billion, resulting in diluted earnings per share of $0.84.

Key revenue segments:

The Data Center segment generated $5.8 billion , marking a 57% year-over-year increase. and The Client and Gaming segment brought in $3.6 billion , up 23% from last 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.” Jean Hu, AMD’s CFO, added that these results showcase the company’s continued momentum and execution across the business.

Looking ahead, AMD anticipates revenue to reach approximately $11.2 billion in the second quarter of 2026. Dr. Su noted that server growth is expected to accelerate significantly as they scale supply to meet rising demand for their AMD EPYC processors.

The strong performance of AMD’s stock reflects investor confidence in its ability to capitalize on the growing market for AI infrastructure and data center solutions—areas where AMD Radeon GPUs are becoming increasingly vital.