Advanced Micro Devices said second-quarter revenue is expected at $10.90 billion to $11.50 billion, above a $10.52 billion estimate, while reaffirming confidence in its 2027 AI data center target.
Advanced Micro Devices forecast second-quarter revenue of $10.90 billion to $11.50 billion, exceeding the $10.52 billion estimate cited in the source. The company also said it expects server growth to accelerate meaningfully, signaling continued strength in data center demand. AMD further stated it has confidence in its goal of reaching tens of billions in AI data center revenue by 2027, underscoring its push to expand in the market for artificial intelligence computing infrastructure.