AMD Reports Strong Q1 Earnings and Revenue Growth, Driven by AI Demand
Advanced Micro Devices (AMD) reported strong first-quarter 2026 earnings, with revenue growing 38% year-over-year to $10.25 billion, driven by increased demand for AI infrastructure. The data center division saw a 57% year-over-year revenue increase to $5.8 billion. Analysts are raising price targets significantly in response.
Tickers: $AMD
Topics: AI AMD CPUs data center earnings