Advanced Micro Devices Inc (NASDAQ:AMD) reported financial results for the first quarter of 2026 after the market close on Tuesday. Here’s a rundown of the chipmaker’s report.

Advanced Micro Devices stock is among today’s top performers. Why is AMD stock surging?

AMD Q1 Earnings Highlights

AMD posted first-quarter revenue of $10.25 billion, beating analyst estimates of $9.89 billion. The chipmaker reported adjusted earnings of $1.37 per share for the quarter, beating estimates of $1.29 per share, according to Benzinga Pro.

Total revenue increased 38% on a year-over-year basis. Here’s a breakdown of revenue by segment.

Data Center: $5.8 billion, up 57% year-over-year

Client and Gaming: $3.6 billion, up 23% year-over-year

Embedded: $873 million, up 6% year-over-year

AMD ...