Advanced Micro Devices (AMD): AI Data Center Sales Jump 107% as Helios Racks Roll Out

What happened: Advanced Micro Devices (AMD) reported second-quarter revenue of $11.5 billion, with Data Center revenue up 107% as its Helios server racks are deployed by AI labs and cloud providers. Key numbers: Q2 revenue $11.5 billion, up 50%. Data Center revenue $6.7 billion, up 107%, 58% of total. Q3 guidance about $13 billion, plus or minus $300 million. Why it matters: CFO Jean Hu expects Data Center sales to accelerate in the second half of the year, and the segment's share of total revenue shows how far the business has shifted toward AI. Coverage: 5 outlets in 24h

Advanced Micro Devices (AMD) reported second-quarter revenue of $11.5 billion, with Data Center revenue up 107% as its Helios server racks are deployed by AI labs and cloud providers.

CFO Jean Hu expects Data Center sales to accelerate in the second half of the year, and the segment's share of total revenue shows how far the business has shifted toward AI.