AMD Outpaces Intel in Data Center Growth and Market Share
Advanced Micro Devices (AMD) reported a significant increase in its Data Center revenue, reaching $6.72 billion for Q2 2026—a year-over-year growth of 107%. This outperformed Intel's DCAI segment, which grew by 59% to $6.26 billion but still faced substantial losses from its Foundry business amounting to $2.1 billion in the same period. AMD’s success is attributed to strong demand for EPYC and Instinct products, with Lisa Su noting five consecutive quarters of record server CPU revenue. The company also secured major AI silicon deals through its Helios rackscale platform with clients like Anthropic, OpenAI, and Meta. In contrast, Intel acknowledged manufacturing constraints but highlighted progress in 18A process output. Despite both stocks rising over 130% year to date, AMD’s non-GAAP operating margin improved from 12% to 27%, signaling stronger financial performance compared to Intel's more volatile turnaround story. Analysts are watching whether Intel can close the gap with upcoming products like Diamond Rapids and Coral Rapids before EPYC solidifies its position in cloud computing.
Topics: AI Hardware AMD Data Center Revenue Intel x86 Server Market