AMD's Q1'26 earnings beat rides on AI-fueled demand, record $5.78B data center sales, margins up, and Q2 revenues guided near $11.2B.
Advanced Micro Devices, Inc. delivered strong Q1 FY2026 results, with datacenter segment growth driving a 28% projected EPS increase over FY2025. Datacenter now contributes over half of AMD's revenue, fueled by major deals with Meta and expanding partnerships with Google, Microsoft, and Tencent. Supply chain risks loom, as AMD relies heavily on TSMC for advanced manufacturing and faces inflationary pressures in memory components.
Advanced Micro Devices stock is soaring to new highs on signs of booming AI demand.
Three of the most-watched AI names point in three different directions at current prices: NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) at $196.50 looks most attractive on valuation, AMD (NASDAQ:AMD) at $355.26 looks priced for perfection, and Palantir (NASDAQ:PLTR) at $135.91 faces the steepest valuation hurdle.
Several members of the U.S. House of Representatives made well-timed purchases of Advanced Micro Devices (NASDAQ: AMD) stock in early 2026, just weeks before the company posted blockbuster first-quarter results that sent shares sharply higher.
AMD, INTT and ATEN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 6, 2026.
Advanced Micro Devices (AMD) is ripping higher on May 6 on the back of a blowout Q1 earnings release – featuring not only a beat on the top and bottom line, but an impressive guidance for the current quarter as well. AMD shares are up nearly 15% at the time of writing, compounding a remarkable 74% run in April.
It has been years in the making, but Advanced Micro Devices NASDAQ: AMD is set up to accelerate its revenue and sustain high-level growth for years, as it's become the spokes to NVIDIA's NASDAQ: NVDA hub. NVIDIA's GPUs and AI infrastructure offer many advantages and will continue to drive AI.
Advanced Micro Devices CEO Lisa Su said the company's strong first-quarter earnings were largely driven by boosted demand for central processing units. "Agents are really driving tremendous demand in the overall AI adoption cycle," Su said Wednesday.
Futures are pointing to a sharply higher open after an Axios report suggested the U.S. and Iran are nearing a memorandum of understanding that could ease ongoing conflict in the region. Kevin Green breaks down what a potential agreement could mean for markets, including the sharp drop in oil prices, while cautioning investors that similar geopolitical headlines have unraveled before.
AMD surges 15% after Q1 beat and strong outlook, boosting appeal of ETFs like SMH as investors seek growth with lower single-stock risk.
Advanced Micro Devices beats Q1 estimates and lifts outlook as AI-driven data center demand fuels strong revenue growth and record cash flow.