AMD reports record Q2 revenue of $11.54 billion, up 50%

  • Advanced Micro Devices reported record second-quarter revenue driven by AI and data-center demand.
  • $11.54 billion in Q2 revenue represented a 50% year-over-year increase.
  • Data Center revenue doubled as management raised its CPU market estimate to $220 billion by 2030.

Advanced Micro Devices reported record second-quarter revenue of $11.54 billion, up 50% from a year earlier, as strong data-center demand and AI-related growth supported results. Data Center revenue doubled, while margins expanded sharply. AMD's stock nevertheless fell amid concerns about product mix and margin pressure, although analysts remain bullish despite recent sideways trading. Management raised its estimate of the total addressable market for CPUs to $220 billion by 2030.

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