AMD Sets May 5 Q1 Report Date, Named Top Driver in $1.3T Chip Forecast
AMD will report fiscal Q1 2026 results on May 5, 2026 after market close, with CFO Jean Hu presenting at a June 2 Bank of America Global Tech Conference. Bank of America lifted its 2026 semiconductor forecast by $300 billion to $1.3 trillion and named AMD a top AI compute driver, underpinning stock strength.
1. Q1 Results and Conference Call
AMD will report fiscal first-quarter 2026 results on May 5, 2026 after market close. The company will host a webcast and conference call led by CFO Jean Hu, who will also present at the Bank of America Global Technology Conference on June 2.
2. Bank of America Forecast Upgrade
Bank of America raised its 2026 semiconductor revenue forecast by $300 billion to $1.3 trillion, highlighting AMD among leading AI compute companies based on its portfolio of AI-optimized CPUs and GPUs. The upgrade reflects accelerating demand for full-stack solutions in cloud and AI infrastructure.
3. Stock Reaction and Analyst Outlook
AMD shares rallied 4% on optimism around AI-driven data center spending and broader market catalysts. Goldman Sachs assigned AMD a top buy rating, citing strong server CPU demand tied to AI infrastructure that could offset lingering PC market weakness.