The chipmaker beat consensus on both quarterly earnings and revenue, then projected Q3 2026 sales of $12.7 billion to $13.3 billion versus a $12.51 billion estimate.
AMD reported second-quarter earnings per share of $1.66, ahead of the $1.60 consensus, on revenue of $11.54 billion versus expectations of $11.25 billion. The company also said it sees third-quarter 2026 revenue of $12.7 billion to $13.3 billion, topping a $12.51 billion estimate. The results point to stronger-than-expected near-term performance and suggest demand trends are running ahead of market forecasts.