AMD reports Q1 revenue up 38% YoY to $10.25B, vs. $9.89B est., Data Center revenue up 57% to $5.8B, forecasts Q2 revenue above est.; AMD jumps 7%+ after hours
Advanced Micro Devices (AMD.O) forecast second-quarter revenue above Wall Street expectations on Tuesday, helped by keen demand …
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AMD Crushes Q1 With $10.25B Revenue as AI Chip Hunger Grows
AMD posts 38% year-over-year revenue jump to $10.25B, powered by surging data center and AI chip demand.
AMD just dropped a monster quarter. The chipmaker pulled in $10.25 billion in Q1 revenue — a 38% leap year-over-year — driven largely by an insatiable appetite for AI silicon.
The real star? Data Center revenue, which surged 57% to hit $5.8 billion. That segment alone now accounts for more than half of AMD's total haul, underscoring just how central AI workloads have become to the company's growth story.
AMD isn't slowing down either. The company issued Q2 revenue guidance that topped Wall Street expectations, signaling confidence that AI chip demand isn't cooling off anytime soon.
The results reinforce a broader trend: the AI infrastructure buildout continues to funnel enormous sums into semiconductor companies. AMD is clearly positioning itself as a serious contender in the AI accelerator race, and the numbers are backing it up.