AMD Q1 2026 revenue and earnings beat analysts’ estimates – Alphastreet

Chipmaker AMD (NASDAQ: AMD) on Tuesday reported a pointy enhance in revenues and adjusted earnings for the primary quarter of fiscal 2026. The numbers additionally topped Wall Road’s expectations.

First-quarter revenue climbed 38% to $10.3 billion from $7.44 billion within the comparable interval final 12 months. The most recent quantity additionally got here in above analysts’ forecasts. Information Middle phase revenue and Shopper & Gaming phase revenue grew 57% and 23%, respectively, throughout the three months.

The sturdy high-line progress translated right into a a 43% surge in first-quarter adjusted earnings to $1.37 per share from $0.96 per share in Q1 2025. Earnings exceeded consensus estimates. On an unadjusted foundation, AMD’s Q1 web earnings was $1.38 billion or $0.84 per share, in comparison with $709 million or $0.44 per share within the prior-12 months quarter.

Lisa Su, AMD’s CEO, mentioned, “We’re seeing sturdy momentum as inferencing and agentic AI drive rising demand for prime-efficiency CPUs and accelerators. Trying forward, we anticipate server progress to speed up meaningfully as we scale provide to satisfy demand. Buyer engagement round MI450 Collection and Helios is strengthening, with main buyer forecasts exceeding our preliminary expectations and a rising pipeline of huge-scale deployments offering us with rising visibility into our progress trajectory.”