Advanced Micro Devices, Inc. (AMD) Earnings Call Transcripts

Advanced Micro Devices, Inc.'s Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal 2026, Advanced Micro Devices, Inc. (AMD) reported record revenue of $11.5 billion, a 50% increase year-over-year, and a diluted EPS growth of approximately 82%. The data center segment was a significant driver, doubling its revenue to $6.7 billion and now representing 58% of total revenue. Management raised guidance for Q3, expecting revenue to reach approximately $13 billion, indicating strong momentum in data center and embedded segments, while acknowledging a softer outlook for the client and gaming segments due to market conditions.

Reported metrics

Guidance from management

Management expects Q3 revenue to be approximately $13 billion, reflecting strong growth in the data center and embedded segments, while anticipating a decline in the client gaming segment.

What management said

Thank you very much, Jean. John, we'd like to go ahead and start the Q&A session now. Please do poll the audience for questions. We ask that each caller ask 1 question with 1 brief follow-up. Thank you.

Yes. So as we look at the overall TAM, first of all, it's a very exciting time in the compute market. When you look at every part of our business, whether it's server CPU, data center AI or our embedded business and our PC business we see them all benefiting from the AI tailwinds. And beneath that, I think in each one of the segments, we see an opportunity to grow above the market. So from that standpoint, with our v...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of growth in the gaming segment and the overall health of the PC market. There were also questions about supply chain constraints and the ability to meet demand in the server CPU business going into 2027.

Main topics on the call

• Record Revenue and Profitability — AMD achieved record revenue of $11.5 billion, a 50% increase year-over-year, with a significant contribution from data center sales. CEO Lisa Su stated, "Our record results mark another clear step up in AMD's financial p...
• Data Center Segment Growth — Data center revenue grew 107% year-over-year to a record $6.7 billion, driven by strong demand for EPYC processors and Instinct accelerators. This segment now accounts for 58% of total revenue, reflecting a strategic shi...
• Guidance Update — Management raised Q3 revenue guidance to approximately $13 billion, up 41% year-over-year. CFO Jean Hu noted, "We expect strong double-digit growth in our data center segment," indicating continued momentum.
• Client and Gaming Segment Challenges — The client segment revenue grew 23% year-over-year, but the gaming segment declined 31% due to lower semi-custom sales. Management anticipates a softer PC market in the second half, stating, "We expect our client busines...

Read the full Advanced Micro Devices, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 92 Advanced Micro Devices, Inc. earnings call transcripts on record, spanning January 28, 2020 to August 4, 2026. Based on this history, Advanced Micro Devices, Inc. reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

AMD

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

92

First call

January 28, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly