Overview
- AMD posted fourth-quarter revenue of $10.27 billion and adjusted EPS of $1.53, topping Wall Street estimates.
- The company guided first-quarter revenue to about $9.8 billion, plus or minus $300 million, a figure above consensus that fell short of the most bullish projections and sent shares down roughly 6%–10% after the release.
- Data center sales reached about $5.38–$5.4 billion, up roughly 39% year over year on demand for Instinct AI accelerators and EPYC server CPUs, while client and gaming revenue also rose.
- Management disclosed about $390 million of MI308 sales to China in Q4 and signaled limited additional China revenue near term due to export-license uncertainty.
- AMD highlighted MI450 accelerators and Helios rack-scale systems coming later in 2026, with analysts noting tight high-bandwidth memory supply as a continuing risk to AI deployments.