AMD Shares Jump on Q1 Beat and 2027 AI Sales Pledge

Attention shifts to H2 deliveries under hyperscaler deals that will test AMD's ability to scale.

Overview

Shares rose more than 12% in after-hours trading Tuesday after AMD topped Q1 forecasts with EPS of $1.37 on $10.25 billion in revenue.
The data-center business, which sells GPUs and server CPUs for AI work, grew 57% year over year to $5.8 billion as segment margin landed at 28%, a bit below estimates.
Management guided Q2 revenue to $10.9 billion to $11.5 billion, well above the roughly $10.5 billion Wall Street view and pointing to ongoing AI demand.
CEO Lisa Su said she expects tens of billions of dollars in annual data-center AI revenue in 2027 and highlighted a Helios rack system in development that pairs AMD GPUs with CPUs.
AMD disclosed large Meta and OpenAI supply agreements with warrants for up to 320 million shares tied to delivery milestones, with shipments slated to begin in the second half of 2026.