On September 8, 2026, AMD shares rose by more than 5% during intraday trading, reaching a peak of approximately $503. This growth occurred alongside gains for other semiconductor companies, including Nvidia, Intel, and Micron, driven by investor optimism regarding AI infrastructure spending.
For the second quarter of 2026, AMD reported total revenue of $11.54 billion, marking a 50% year-on-year increase. Data-center revenue contributed $6.72 billion to this total, representing a 107% growth compared to the same period in the previous year. Server and cloud operations now account for 58% of the company's total sales.
The company reported non-GAAP earnings per share of $1.66 for the second quarter. Management projects third-quarter revenue to reach approximately $13 billion, which would signify a 41% growth compared to the third quarter of 2025. CEO Lisa Su identified EPYC server CPUs and Instinct GPUs as primary growth drivers.
Over the past year, AMD stock has traded within a range of $149 to $585. At the time of the session, the company's market capitalization was estimated between $780 billion and $820 billion. AMD aims for over 70% revenue growth in its server business over upcoming periods.
