Overview
- AMD posted Q1 revenue of $7.44 billion, a 36% year-over-year increase, and adjusted EPS of $0.96, both surpassing analyst estimates.
- The company forecast Q2 revenue of $7.1–$7.7 billion, above Wall Street expectations, despite accounting for an $800 million charge tied to new export controls.
- U.S. restrictions on AI chip exports to China are projected to reduce AMD’s 2025 revenue by $1.5 billion, with significant impacts expected in Q2 and Q3.
- Data center segment revenue surged 57% year-over-year to $3.7 billion, driven by strong demand for Epyc processors and Instinct GPUs.
- Investor sentiment remains positive, bolstered by AMD’s raised guidance and robust AI-driven growth, even as policy uncertainty looms.