Advanced Micro Devices reported first quarter 2026 revenue of $10.3 billion, up 38% year-over-year, with the data center segment alone generating $5.8 billion, a 57% increase. CEO Lisa Su has set ambitious targets, projecting AI-related revenue could reach tens of billions of dollars annually by 2027, with a goal of compound annual growth exceeding 35% over three to five years. AMD’s stock price has more than tripled over the past year and gained 66% year-to-date through early 2026. The company guided for second quarter 2026 revenue of approximately $11.2 billion, with non-GAAP diluted EPS at $1.37 for Q1.
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