Key financial highlights:

• Gross margin for Q1 2026 was 53%.
• Operating income reached $1.5 billion.
• Net income stood at $1.4 billion.
• Diluted earnings per share were reported at $0.84.
• Data Center segment revenue hit $5.8 billion, up 57% year-over-year.

Dr. Lisa Su, AMD’s CEO, expressed confidence in the company’s performance, stating, “We delivered an outstanding first quarter, driven by accelerating demand for AI infrastructure, with Data Center now the primary driver of our revenue and earnings growth.” This sentiment reflects AMD’s strategic focus on enhancing its product lineup, including AMD EPYC processors and AMD Radeon GPUs.

Jean Hu, AMD’s CFO, added that these results demonstrate continued momentum across the business. She noted the company’s ability to leverage its operating model while investing for accelerated growth and expanding profitability. The Client and Gaming segment also performed well, generating revenue of $3.6 billion—an increase of 23% from the previous year.

Looking ahead, AMD anticipates further growth in its server business. Dr. Su remarked, “Looking ahead, we expect server growth to accelerate meaningfully as we scale supply to meet demand.” For Q2 2026, AMD expects revenue to be approximately $11.2 billion.

The post Amd stock appeared first on News-UK.