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AMD stock jumps over 16% after strong Q1 earnings and raised revenue forecast for Q2

Company Fundamentals
06 May 2026
Finbold
View Source
Bullish
pluang ai news

AMD shares surged more than 16% in after-hours trading following a strong Q1 2026 earnings report that beat revenue and EPS expectations. The company reported $10.25 billion in revenue, a 37.77% increase from Q1 2025, and EPS of $1.37, surpassing forecasts. AMD's optimistic Q2 revenue guidance of $11.2 billion, driven by AI partnerships and CPU demand, further boosted investor confidence. Despite concerns over high valuation ratios, AMD stock has gained nearly 59% year-to-date, reflecting strong momentum but also potential volatility ahead.

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