Advanced Micro Devices reported second quarter 2026 financial results with record revenue of $11.5 billion, a 50% year-over-year increase driven by Data Center segment growth that more than doubled to $6.7 billion. GAAP diluted earnings per share reached $1.38, while non-GAAP diluted EPS was $1.66. The company expects third quarter revenue of approximately $13 billion plus or minus $300 million and a non-GAAP gross margin of roughly 56%. AMD operates in the semiconductor industry, designing and manufacturing high-performance computing and AI processors.
