U.S. COMPANY FILING
ADVANCED MICRO DEVICES INC — Form 10-Q filed 2026-05-06
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AMD reported Q1 2026 revenue of $10.3B, up 38% YoY, and net income of $1.4B, up 95%. Data Center revenue surged 57% on strong EPYC and Instinct GPU demand. Gross margin improved to 53%. The company announced a Meta agreement for up to 6 GW of AMD GPUs, issuing a warrant for 160M shares. Operating cash flow was $3.0B, with $221M in buybacks.
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