AMD
Designs CPUs, GPUs, adaptive chips, and AI systems for data centers, PCs, gaming, and embedded markets.
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Profile
Designs EPYC server CPUs, Instinct AI accelerators, Ryzen PC processors, Radeon graphics, and adaptive chips for data centers, client and gaming devices, and embedded systems. Revenue comes from products and development services across three segments, while all wafer fabrication is outsourced.
Designs high-performance and adaptive computing products across three segments. Data Center includes EPYC server CPUs, Instinct AI accelerators, Pensando networking, FPGAs, and adaptive SoCs. Client and Gaming supplies Ryzen processors, Radeon graphics, and semi-custom console chips; Embedded serves industrial, automotive, communications, aerospace, and other edge applications.
Combines CPU and GPU roadmaps with adaptive-computing, networking, and rack-scale systems expertise. Sales are global, with most billed outside the United States to cloud operators, computer and server makers, game-console partners, and embedded-equipment vendors.
Relies on outside foundries for every wafer and Asian partners for most assembly and testing. TSMC supplies all advanced-node microprocessor and GPU wafers; export controls restrict some data-center accelerators, and a small customer group accounts for a substantial share of business.
Company facts
Key statistics
Year to date +108% · Average volume (30d) 24.6M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 28, 2026 | Citigroup | Downgrade | Buy | Sell | ||
| Aug 28, 2026 | First Shanghai | Upgrade | Outperform | |||
| Aug 28, 2026 | Jefferies | Downgrade | Buy | Underweight | ||
| Aug 28, 2026 | Morgan Stanley | Initiate | Underweight | |||
| Aug 28, 2026 | UBS | Upgrade | Overweight | Buy |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q2 FY26 | $1.62 | $1.66 | +2.5% | $11.31B | $11.54B | +2.0% | −7.04% |
| May 5, 2026Q1 FY26 | $1.29 | $1.37 | +6.2% | $9.90B | $10.25B | +3.6% | +18.61% |
| Feb 3, 2026Q4 FY25 | $1.32 | $1.53 | +15.9% | $9.67B | $10.27B | +6.2% | −17.31% |
| Nov 4, 2025Q3 FY25 | $1.17 | $1.20 | +2.6% | $8.76B | $9.25B | +5.6% | +2.51% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $7.44B | $7.69B | $9.25B | $10.27B | $10.25B | $11.54B | |
| Gross profit | $3.74B | $3.06B | $4.78B | $5.58B | $5.42B | $6.20B | |
| Operating income | $806.0M | −$134.0M | $1.27B | $1.75B | $1.48B | $1.99B | |
| Net income | $709.0M | $872.0M | $1.24B | $1.51B | $1.38B | $2.30B | |
| Diluted EPS | $0.44 | $0.54 | $0.76 | $0.92 | $0.84 | $1.38 | |
| Gross margin | 50.2% | 39.8% | 51.7% | 54.3% | 52.8% | 53.8% | |
| Operating margin | 10.8% | -1.7% | 13.7% | 17.1% | 14.4% | 17.3% |
Fiscal years (4-quarter sums)FY21 $16.43B · FY22 $23.60B · FY23 $22.68B · FY24 $25.79B · FY25 $34.64B
Revenue by product · Q2 FY26
Revenue by geography · FY25
Balance sheet, Jun 27, 2026Cash & short-term investments $13.11B · Total debt $4.28B · Total assets $84.46B · Shareholders' equity $67.22B
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 1.63B · Float 1.62B · 99.5% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 150.30M | 9.22% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 106.50M | 6.53% | 13F | Aug 13, 2026 |
| State Street Corp | 74.36M | 4.56% | 13F | Aug 7, 2026 |
| Invesco Ltd. | 53.17M | 3.26% | 13F | Aug 14, 2026 |
| JPMorgan Chase & Co | 40.31M | 2.47% | 13F | Aug 12, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 25, 2026 | Jean X. Hu | officer: EVP, CFO and Treasurer | −15,000 | $474.08 |
| Aug 24, 2026 | Forrest Eugene Norrod | officer: EVP & GM DSG | −17,261 | $459.95 |
| Aug 20, 2026 | Mark D. Papermaster | officer: Chief Technology Officer & EVP | −28,811 | $471.87 |
| Aug 18, 2026 | Lisa T. Su | director, officer: Chair, President & CEO | −15,000 | $480.94 |
| Aug 18, 2026 | Ava Hahn | officer: SVP, GC & Corporate Secretary | −2,993 | $488.69 |
Peers
- Nvidia
Dominant AI accelerator vendor; defines AMD Instinct competitive ceiling.
- Intel
Primary x86 rival across every segment — CPUs, FPGAs, GPUs, and AI accelerators.
- Arm (ADR)
Licenses CPU architecture powering all Arm-based alternatives to AMD.
- Broadcom
Custom AI ASIC market leader; datacenter networking and AMD 10-K named rival.
- Marvell Technology
DPU and custom AI ASIC rival for hyperscaler datacenter budgets; AMD 10-K named.
- Qualcomm
Arm-based Windows PC SoC rival to Ryzen; named competitor in AMD 10-K.
- Lattice Semiconductor
Pure-play FPGA rival in low-power and mid-range segments; named in AMD's 10-K.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| AMD | $466.05 | +0.10% | $759.17B | 119.4 | 41.6 | 18.4 | +50.1% |
| Nvidia | $217.88 | +0.15% | $5.27T | 27.5 | 19.6 | 17.4 | +105.9% |
| Intel | $89.24 | −0.21% | $451.29B | — | 53.8 | 7.9 | +25.4% |
| Arm (ADR) | $239.00 | −0.02% | $255.31B | 246.4 | 100.0 | 49.5 | +22.4% |
| Broadcom | $369.12 | +0.12% | $1.75T | 61.5 | 23.5 | 23.2 | +47.9% |
| Marvell Technology | $216.40 | −0.10% | $189.71B | 71.8 | 42.3 | 20.1 | +36.6% |
| Qualcomm | $164.28 | +0.07% | $172.40B | 18.7 | 17.7 | 3.9 | −4.0% |
| Lattice Semiconductor | $114.41 | +0.02% | $15.67B | 449.9 | 43.0 | 24.1 | +62.2% |
| Median | 66.6 | 42.3 | 20.1 | +36.6% |