Overview
- AMD reported first‑quarter revenue of $10.25 billion and net income of $1.383 billion, up 95% from a year ago.
- The company guided second‑quarter sales to about $11.2 billion, plus or minus $300 million, which implies roughly 46% growth.
- Shares jumped to a record intraday $430.57 and closed up about 18.6% as investors reacted to the AI outlook.
- CEO Lisa Su said data‑center demand now drives results and that AMD is scaling supply, citing stronger orders for high‑performance CPUs and accelerators.
- AMD cited rising customer engagement for its MI450 and Helios accelerators, with forecasts and large deployment pipelines exceeding earlier expectations, and analysts framed the progress as a challenge to Nvidia’s lead.