Advanced Micro Devices, Inc. (AMD) reported a 107% year-over-year increase in data center revenues during its Q2 2026 earnings call, reaching $6.7 billion and accounting for 58% of total revenues. The company expects server revenues to grow more than 80% in the second half of 2026 and projected data center revenues to more than double in 2027, fueled by EPYC processors and Instinct accelerators.
CEO Lisa Su announced that the Helios product is in production, with initial shipments scheduled for later in Q3 2026, driven by demand from major clients such as OpenAI and Microsoft. The company forecasts third-quarter revenues to be around $13 billion, reflecting a year-over-year growth of approximately 41%. Adjusted earnings were reported at $1.66 per share, exceeding analysts’ estimates.
AMD’s Executive VP Jean Hu stated that a gross margin of about 56% is expected for Q3, supported by server CPU growth and operational improvements. The management emphasized that while the data center AI segment may carry slightly lower margins, the overall growth trajectory remains strong with notable commitments from strategic partners.
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