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AMD's revenue climbs 50% and data center sales doubled, but the stock is down
AMD reported its second-quarter earnings, showcasing significant growth with a 50% surge in revenue, reaching $11.54 billion, driven primarily by a doubling of data center sales attributed to AI chip demand. However, the stock price dropped after the earnings report due to guidance that some analysts found disappointing compared to their expectations. The company anticipates around $13 billion in revenue for the upcoming quarter, which has fallen short of some bullish analyst projections.
MonitorConfidence: MediumShort term horizon
Published 4 Aug 2026, 20:55 UTC1 min read
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Summary
TL;DR
- AMD's revenue increased 50% to $11.54 billion year-over-year.
- Data Center sales doubled to $6.7 billion, a 107% increase.
- The growth is linked to strong sales of AI chips and CPUs.
- AMD's stock has nearly tripled in the past year, reflecting market optimism.
- Guidance for the next quarter is $13 billion, versus expectations of $12.52 billion.
Interesting facts
- AMD's AI chips branded as Instinct are crucial in the growth narrative.
- Despite robust revenue figures, the stock's decline signals market skepticism about future performance.