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AMD Stock Surges 12% After Data Center Revenue Blows Past Estimates

By Trader Edge at 2026-05-06 04:43

Sentiment: Positive

TLDR AMD beat Q1 earnings with EPS of $1.37 vs. $1.29 expected and revenue of $10.25B vs. $9.89B expected Data center revenue rose 57% year over year to $5.8B, beating estimates of $5.6B Q2 revenue guidance of $10.9B–$11.5B came in well above Wall Street’s $10.52B forecast CEO Lisa Su expressed strong confidence in delivering “tens [...] The post AMD Stock Surges 12% After Data Center Revenue Blows Past Estimates appeared first on CoinCentral. Continue reading...

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