NVDA 228.87 ▲0.66%GOOGL 351.16 ▼1.07%MSFT 498.00 ▼0.72%AMD 623.77 ▲1.34%INTC 123.86 ▲1.71%TSMC 452.00 ▲1.54%AMZN 254.98 ▼1.34%META 736.60 ▼0.63%AAPL 339.75 ▲0.23%PLTR 184.99 ▲1.04%
Markets at last close

AMD · Business

AMD reports record quarter as data center revenue doubles

·1 min read

AMD announced financial results for the second quarter of 2026, reporting record revenue and profitability as Data Center revenue more than doubled year-over-year. The company said gross margin was 54%, while non-GAAP gross margin was 56%, highlighting stronger profitability alongside accelerating demand in its server and AI-focused businesses.

CEO Dr. Lisa Su said AMD enters the second half with momentum from rising EPYC demand, expanding Instinct deployments and the early ramp of Helios. She said AI is increasing demand for compute across AMD’s markets, with the company’s product portfolio and customer visibility positioning it for revenue and earnings growth in the years ahead.

Originally reported by techpowerup.comRead the source →
Related coverage
All AMD news →