AMD Posts 50% Q2 Revenue Jump to $11.5 Billion as AI Chip Demand Surges
Updated
Updated · Yahoo Finance · Aug 15
AMD Posts 50% Q2 Revenue Jump to $11.5 Billion as AI Chip Demand Surges
3 articles · Updated · Yahoo Finance · Aug 15
Summary
AMD reported second-quarter revenue of $11.5 billion, up 50% from a year earlier, as the AI semiconductor boom lifted demand across its data-center business.
Data center revenue climbed 107% year over year, driven by strong sales of server CPUs and GPUs; non-GAAP earnings rose 246% to $1.66 a share.
AMD said the momentum is continuing into the current quarter, forecasting 41% revenue growth and pointing to new Helios rack-scale servers and faster AI chips as potential upside.
The results land amid broader expectations for a prolonged AI buildout: Omdia sees global semiconductor revenue rising 94% in 2026, while AMD estimates the high-performance and AI chip market could reach $2 trillion by 2030.
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