AMD posts record first-quarter results, driven by soaring data center CPU demand — company expects consumer and gaming revenue to decline in Q2 amid rising memory and component costs

AMD reported Q1 2026 revenue of $10.253 billion, up 38% year over year, with stronger net income and margins.

Growth was led by EPYC server CPUs and other data center products, reinforcing AMD’s AI and infrastructure momentum.

AMD raised its long-term view for the server CPU market and expects continued EPYC and Instinct shipment growth.

The company also warned that Q2 consumer and gaming revenue may soften as memory and component costs rise.