AMD reported Q1 2026 revenue $10.25bn and EPS $1.37, beating estimates of $9.85bn and $1.27.
Shares jumped over 16% to $413.41 after hours, with the stock up 65.9% YTD versus Nvidia’s 5.4% gain.
Data center revenue rose 57% YoY to $5.78bn, and AMD forecasts Q2 revenue $11.2bn (+50.6% YoY).
AMD announced a $60bn chip supply partnership with Meta, shipments slated for H2 2026, and expects server revenue to surge >70% YoY.