AMD's second quarter revenue of $11.5B beats estimates, fueled by 107% growth in Data Center sales.

Advanced Micro Devices reported second quarter revenue of $11.5 billion and non-GAAP EPS of $1.66, exceeding analyst expectations. Results were driven by significant growth in the company's Data Center business as demand for AI accelerators and server processors continued to accelerate.

Key Highlights

• Data Center segment revenue grew 107% year-over-year to $6.7 billion, surpassing the $6.5 billion consensus estimate, driven by strong demand for EPYC processors and Instinct GPUs.
• The Client and Gaming segment grew 6% overall to $3.8 billion, with a 23% increase in Client revenue to $3.1 billion offsetting a 31% decline in the semi-custom Gaming business.
• For the third quarter of 2026, AMD guided for revenue of approximately $13 billion, which would represent year-over-year growth of about 41% at the midpoint.