AMD's revenue climbs 50% and data center sales doubled, but the stock is down

Advanced Micro Devices heads into earnings with strong momentum

AMD Q1 2026 revenue jumped 38% to $10.3B (data center +57% to $5.8B) driven by EPYC and Instinct AI accelerators; AI revenue projected at tens of billions by 2027. For IT leaders: AMD gains ground in inference workloads via cost-competitive GPUs against Nvidia; Q2 guidance ($11.2B) validates the multi-year AI infrastructure cycle.