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AMD posts record Q2 2026 earnings as data‑center revenue soars, but shares tumble
Advanced Micro Devices (AMD) reported fiscal‑2026 second‑quarter revenue of $11.54 billion, a 50 % year‑over‑year increase. Adjusted earnings per share came in at $1.66, beating the consensus estimate of $1.62. The data‑center segment generated $6.72 billion, up 107 % YoY and accounting for about 58 % of total revenue, driven by strong demand for EPYC processors and Instinct GPUs.
AMD forecast third‑quarter revenue of roughly $13 billion, plus or minus $300 million, above Wall Street’s $12.5 billion expectation. Capital expenditures for the quarter were $808 million, almost three times the $298 million analysts had anticipated. The company said its second‑generation Helios AI servers, featuring the MI455X accelerator and the “Venice” processor, are now in full production and will begin shipping in the coming months.
Despite the beat, the stock fell 7 %–9 % in after‑hours/extended trading, as investors expressed disappointment with the outlook and reacted to Elon Musk’s comment that SpaceX will use Nvidia chips exclusively for AI workloads. CEO Lisa Su highlighted the continued momentum in AI‑driven data‑center demand and projected data‑center revenue to more than double by 2027.
Entities
Advanced Micro Devices · Advanced Micro Devices (AMD) · Advanced Micro Devices, Inc. · Bernstein Research · Data center segment · Data‑center segment · EPYC processors · Helios AI servers · Jean Hu · Lisa Su · MI455X accelerator · Nvidia
Claims
What the coverage asserts, and how many sources carry each claim.
- [DISPUTED] Adjusted earnings per share for Q2 2026 were $1.66, beating the $1.61 consensus. nemosnewsnetwork.com · newsbit.nl · www.globenewswire.com · www.finanzen.net
- [● 6 SOURCES] AMD reported second‑quarter 2026 revenue of about $11.5 billion. nemosnewsnetwork.com · newsbit.nl · www.globenewswire.com · www.finanzen.net
- [● 5 SOURCES] Data‑center revenue in Q2 2026 was $6.7 billion, up 107 % year‑over‑year. newsbit.nl · www.constellationr.com · www.globenewswire.com
- [● 3 SOURCES] AMD’s AI‑focused Helios servers, featuring the MI455X accelerator and “Venice” processor, are in full production and slated to ship soon. www.globenewswire.com
- [● 4 SOURCES] AMD forecast third‑quarter 2026 revenue of about $13 billion (± $300 million), above analysts’ $12.5 billion estimate. nemosnewsnetwork.com · newsbit.nl · www.globenewswire.com
- [● 4 SOURCES] AMD’s shares fell more than 8 % in extended trading after the Q2 earnings release. nemosnewsnetwork.com · newsbit.nl · www.finanzen.net
- [● 8 SOURCES] AMD expects adjusted gross margin of about 56 % for Q3 2026. nemosnewsnetwork.com · www.globenewswire.com · wdez.com · newsbit.nl · meeco.kr · +1 more
- [● 3 SOURCES] AMD relies on TSMC for chip manufacturing, with supply constrained by limited advanced‑packaging capacity. nemosnewsnetwork.com · www.globenewswire.com
- [● 3 SOURCES] AMD's data‑center segment generated $6.7 billion in revenue, up 107 % year‑over‑year. theobjective.com · www.moneytimes.com.br · tnonline.uol.com.br
- [● 2 SOURCES] AMD's shares fell about 7.5 % in after‑hours trading following the earnings release. theobjective.com · tnonline.uol.com.br
- [● 4 SOURCES] Adjusted earnings per share were $1.66, above the FactSet estimate of $1.62. tnonline.uol.com.br · theobjective.com · www.globenewswire.com
- [● 5 SOURCES] AMD's net profit for Q2 2026 was $2.3 billion, a 163% increase year‑over‑year. theobjective.com · www.moneytimes.com.br · tnonline.uol.com.br · www.globenewswire.com · dev.tnonline.com.br