Aug 26, 2026
AMD Stock Surges on Data Center Growth—What’s Driving It?
TLDR AMD stock gained nearly 5% as investors reacted to stronger AI and data center growth. Q2 2026 revenue reached $11.536 billion, marking a 50% increase from a year earlier. Data center revenue surged 107% year over year to $6.7 billion, accounting for 58% of total sales. AMD guided Q3 2026 revenue to about $13 [...]
The post AMD Stock Surges on Data Center Growth—What’s Driving It? appeared first on Blockonomi.
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