AMD's first quarter of 2026 (period ended March 28, 2026): total revenue of $10.3 billion, up 38% year‑over‑year, with growth across every segment. Data‑center revenue hit a record $5.8 billion, up 57% and now the primary revenue and earnings driver. Operating income rose to $1.48 billion, up 83%, and free cash flow set a record at $2.6 billion. Management frames the quarter as a clear inflection and a structural shift.
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