Advanced Micro Devices Inc
F:AMD
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Advanced Micro Devices Inc
F:AMD
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Earnings Calls
Last Earnings Call
Record quarter: AMD reported record revenue of $11.5 billion, up 50% year over year, with record profitability and gross margin of 56%.
Data center strength: Data center revenue more than doubled to a record $6.7 billion, driven by EPYC server CPUs and Instinct AI accelerators.
AI ramp: Management said Helios rack-scale AI shipments start later this quarter and ramp through Q4 into 2027, with customer demand running ahead of the original forecast.
2027 outlook: AMD said data center revenue should more than double in 2027, server revenue should grow more than 70%, and the company now expects to grow well above its prior long-term target.
PC and embedded: Client was strong despite a softer PC backdrop, gaming fell on lower console and graphics demand, and embedded returned to stronger growth with broad-based demand.
Margins and spending: Gross margin improved on mix, while OpEx rose as AMD kept investing in AI silicon, systems, and software.