AMD Q1 2026 Earnings Beat on Data‑Center Surge

AMD reported Q1 2026 revenue of $10.25 bn and adjusted EPS $1.37, beating estimates of $9.85 bn and $1.27 per share.
Data‑center revenue surged 57% YoY to $5.78 bn, driving the earnings beat and positioning AI infrastructure as the primary growth engine.
AMD forecast Q2 revenue around $11.2 bn ± $300 m, implying 50.6% YoY and 9.1% QoQ growth, above analyst expectations.
Shares jumped 4.4% after hours; AMD’s YTD gain of 65.9% far outpaces Nvidia’s 5.4% and the S&P 500’s 6.1% rise.