Advanced Micro Devices posts 50% revenue rise, forecasts $13 billion, shares fall FAST-MOVING
Advanced Micro Devices (AMD) reported second‑quarter 2026 revenue of $11.54 billion, a 50 % year‑over‑year increase, driven largely by its data‑center segment. Data‑center revenue reached $6.72 billion, up 107 % YoY, and adjusted earnings per share were $1.66, beating the $1.62 estimate.
The company forecast third‑quarter revenue of about $13 billion, plus or minus $300 million, and an adjusted gross margin of roughly 56 %. CEO Lisa Su highlighted strong AI demand and said the second‑generation Helios AI servers, featuring the MI455X accelerator and the “Venice” processor made by TSMC, are now in full production and will begin shipping in the coming months.
Despite the beat, AMD’s shares dropped 8‑10 % in after‑hours trading. Analysts noted the market’s concern over the company’s $808 million capital‑expenditure run‑rate, nearly three times the $298 million expected, and the continued reliance on TSMC’s limited advanced‑packaging capacity.
Entities: Advanced Micro Devices · Advanced Micro Devices (AMD) · Advanced Micro Devices, Inc. · Data center segment · EPYC processors · Helios AI servers · Lisa Su · MI455X accelerator · Nvidia Corporation · TSMC · Taiwan Semiconductor Manufacturing Company (TSMC)
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 5 SOURCES] Adjusted earnings per share for Q2 2026 were $1.66, beating the $1.61 consensus. (AMD earnings release and Reuters coverage.)
- [● 6 SOURCES] AMD reported second‑quarter 2026 revenue of about $11.5 billion. (AMD’s Q2 2026 earnings release and multiple Reuters reports.)
- [● 5 SOURCES] Data‑center revenue in Q2 2026 was $6.7 billion, up 107 % year‑over‑year. (AMD earnings release and Reuters reports.)
- [● 3 SOURCES] AMD’s AI‑focused Helios servers, featuring the MI455X accelerator and “Venice” processor, are in full production and slated to ship soon. (CEO Lisa Su’s comments at AMD’s July AI event.)
- [● 4 SOURCES] AMD forecast third‑quarter 2026 revenue of about $13 billion (± $300 million), above analysts’ $12.5 billion estimate. (AMD earnings release and Reuters coverage.)
- [● 4 SOURCES] AMD’s shares fell more than 8 % in extended trading after the Q2 earnings release. (Reuters post‑earnings market reaction.)
- [● 4 SOURCES] AMD expects adjusted gross margin of about 56% for Q3 2026. (47ca1c63-620c-45a9-8c48-a649e54012e8, 33cdc8c1-bcc5-4552-89f7-f00771a49611, 7523da39-7fce-4a80-ad7b-bc15d32abad4)
- [● 3 SOURCES] AMD relies on TSMC for chip manufacturing, with supply constrained by limited advanced‑packaging capacity. (AMD statements and Reuters reporting on supply chain.)
- [● 3 SOURCES] AMD's data‑center segment generated $6.7 billion in revenue, up 107 % year‑over‑year. (All three articles)
- [● 2 SOURCES] AMD's shares fell about 7.5 % in after‑hours trading following the earnings release. (Spanish and TNOnline articles)
- [● 4 SOURCES] Adjusted earnings per share were $1.66, above the FactSet estimate of $1.62. (20202f6c-5159-4d47-96ff-3ae702166f36, 47ca1c63-620c-45a9-8c48-a649e54012e8, 33cdc8c1-bcc5-4552-89f7-f00771a49611)
- [● 5 SOURCES] AMD's net profit for Q2 2026 was $2.3 billion, a 163% increase year‑over‑year. (20202f6c-5159-4d47-96ff-3ae702166f36, 33cdc8c1-bcc5-4552-89f7-f00771a49611, fbb6a08c-b93a-48ae-a2ba-125b503f417c)