AMD Q1 Preview: 20% Data-Center Revenue Surge and H2 AI Chip Ramp
AMD will report first-quarter results after the May 5 market close, with analysts forecasting a top-line beat driven by a projected 20% jump in data-center revenue and surging AI spending. Investors are watching the H2 ramp of next-generation AI chips and AMD’s inclusion among five suppliers powering SpaceX’s $2 trillion IPO.
1. Upcoming Q1 Earnings Report
AMD will report its fiscal first-quarter results after market close on May 5, with a focus on revenue growth, margin performance and guidance for the rest of 2026.
2. Data-Center Growth Drivers
Analysts forecast a 20% year-over-year increase in data-center revenue, driven by heightened demand for AI infrastructure and compute solutions among leading cloud and hyperscale customers.
3. Next-Generation AI Chip Ramp
AMD plans to ramp production of its next-generation AI-focused GPUs and CPUs in the second half of 2026, aiming to secure design wins with top hyperscalers and enterprise clients.
4. SpaceX IPO Supply Role
AMD is one of five key semiconductor suppliers powering SpaceX’s technology stack ahead of its anticipated $2 trillion IPO, underscoring its strategic position in advanced computing markets.