Third-quarter outlook
- AMD expects Q3 2026 revenue of about $13 bln, plus or minus $300 mln
- Company sees Q3 2026 non-GAAP gross margin at about 56%
- AMD expects Data Center sales growth to accelerate in H2 2026, driving stronger revenue growth
Drivers behind the results
- DATA CENTER GROWTH - Data Center segment revenue more than doubled yr/yr, driven by strong demand for EPYC processors and Instinct GPUs
- CLIENT DEMAND - Client business revenue rose 23% yr/yr, primarily due to strong demand for Ryzen processors
- AI-RELATED DEMAND - Co said AI is driving a significant expansion in demand for compute across all markets
Quarterly results beat expectations
- US chipmaker's Q2 revenue rose 50% yr/yr to a record, beating analyst expectations
- Adjusted EPS for Q2 rose sharply yr/yr; no analyst estimate provided
- Data Center segment revenue more than doubled, driven by strong EPYC and Instinct demand, but growth decelerates from prior quarter's pace
- Shares of the company were down about 6.7% in extended trading
Key reported metrics and analyst view
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