AMD jumps 17% as AI-driven data center growth fuels earnings beat and analyst upgrades
Key takeaways
- Investor enthusiasm accelerated after chief executive Lisa Su highlighted strong momentum in AMD’s server and data center operations during the company’s earnings call.
- Su said the data center segment had become the company’s largest source of revenue and projected server revenue growth of more than 70% year over year during the current quarter.
- The AMD chief also pointed to the company’s recent partnership with Meta to expand AI computing capacity, adding that product shipments tied to the agreement are expected to begin in the second half of the year.
AMD jumps 17% as AI-driven data center growth fuels earnings beat and analyst upgrades Fiona Craig Wed, May 6, 2026 at 5:39 PM GMT+7 4 min read AMD META AMD ©AMD Advanced Micro Devices (NASDAQ:AMD) surged roughly 17% in premarket trading on Wednesday after the chipmaker delivered quarterly results and forward guidance that exceeded Wall Street expectations, driven largely by booming demand from the artificial intelligence sector.
Investor enthusiasm accelerated after chief executive Lisa Su highlighted strong momentum in AMD’s server and data center operations during the company’s earnings call.
Su said the data center segment had become the company’s largest source of revenue and projected server revenue growth of more than 70% year over year during the current quarter.