AMD’s data-center business became the majority of revenue as quarterly sales rose 50%.

Advanced Micro Devices reported $11.536 billion of revenue for the thirteen weeks ended June 27, 2026, up 50% from the year-earlier quarter. Data Center revenue was $6.718 billion, up 107% and equal to 58% of company revenue.

GAAP operating income was $1.990 billion and net income was $2.297 billion, or $1.38 per diluted share. Data Center segment operating income reached $2.103 billion, compared with a $155 million loss a year earlier. Client and Gaming revenue increased 6% to $3.841 billion, while Embedded revenue increased 19% to $977 million.

The mix shift is the durable part of the quarter. Data Center is no longer a smaller growth line beside the client-processor franchise; it accounted for most reported revenue. Within Client and Gaming, management disclosed that Gaming revenue declined 31% to $779 million, so the combined segment’s growth does not mean both businesses expanded.

The profit comparison needs a denominator note. AMD said the second quarter of 2025 included approximately $800 million of inventory and related charges caused by U.S. export controls on MI308 products. That charge made the year-earlier Data Center operating result and consolidated margin unusually weak. It does not change the reported 107% revenue increase, but it makes the operating-income swing a poor stand-alone measure of normal leverage.

For the third quarter, AMD guided revenue to approximately $13.0 billion, plus or minus $300 million, and non-GAAP gross margin to approximately 56%. Those are management estimates, not reported results. The central question after this quarter is whether accelerator deployment can sustain the new mix without relying on an impaired comparison base.