AMD Up 155% YTD on Record Revenue, AI Demand

AMD released financial results for its second quarter of fiscal 2026 demonstrating substantial growth across multiple metrics. The chipmaker reported record revenue of $11.5 billion, representing a 50% increase compared to the same period the previous year. Data center revenue, a key segment benefiting from artificial intelligence infrastructure demand, more than doubled to $6.7 billion. Earnings per share reached $1.66, reflecting an 82% year-over-year increase. Management provided forward gui