AMD Reports Record $11.5 Billion Revenue as Data Center Sales Surpass Half of Total Business
Data center sales more than doubled to $6.7 billion, accounting for 58 percent of revenue as gaming sales slid.
Advanced Micro Devices Inc. reported record quarterly revenue of $11.5 billion, propelled by a surge in server and Artificial Intelligence compute demand that now makes up the majority of its sales.
data center segment revenue jumped to $6.7 billion in the second quarter of 2026, up from $3.2 billion a year earlier and $5.8 billion in the preceding quarter. The segment now accounts for 58% of total company revenue, solidifying AMD‘s shift toward enterprise infrastructure over consumer hardware.
Total revenue grew 50% year-over-year. “Revenue increased 50 percent year-over-year to a record $11.5 billion, driven by continued strength in our Data Center business, which represented 58% of company revenue in the quarter,” Chief Financial Officer Jean Hu said in a statement.
Chief Executive Officer Lisa Su told analysts that AMD expects its data center segment revenue to “more than double year-over-year in 2027,” pointing to sustained enterprise infrastructure investments rather than a short-term spike.
“AI is driving a significant expansion in demand for compute across all of our markets, and our leadership portfolio and growing customer visibility position us exceptionally well to capture this expanding opportunity and deliver substantial revenue and earnings growth in the years ahead,” Su said.
The expansion in data center computing contrasts sharply with performance in gaming hardware. Gaming revenue fell 31% year-over-year to $779 million. Su cited rising industry-wide component costs that pushed up graphics card prices and reduced consumer demand across gaming consoles, such as the PlayStation 5 and Xbox Series X/S, as well as handheld devices like Valve’s Steam Deck.
Despite the drop in gaming, AMD’s combined PC and gaming business rose 6% compared to last year, supported by a 23% gain in client segment revenue. That growth was fueled by sales of Ryzen processors, which are increasingly featured in personal computers equipped for local AI inference and processing.
The structural shift toward server infrastructure comes as cloud operators and enterprise clients increase spending on dense computing cluster hardware, high-bandwidth memory, and advanced interconnect technology required to train and run AI platforms.
