--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/40445952.md" description: "$AMD(AMD.US)This world is too crazy, it really preys on the weak and fears the strong. I thought it would rise, but I didn't expect it to rise so much after the earnings report. The wheel of fortune turns. CPU and storage are the main themes recently!The stock market is unpredictable!!!The $Sandisk(SNDK.US) I sold at 670 has already doubled, 80k gone. I gambled on the $Palantir Tech(PLTR.US) earnings report, 6 options contracts lost nearly 2000.For a short while, I won't sell any more shares. The stocks being transferred are on the way. Later, I'll seek rent by selling calls and puts, and if the price reaches it, I'll take them back. The previous 190-260 range has become invalid. Experience needs to be accumulated anew by everyone.Earnings Report Linkhttps://ir.amd.com/news-events/press-releases/detail/1284/amd-reports-first-quarter-2026-financial-results### Core Performance (Significantly Exceeding Expectations)- **Revenue**: **$10.3 billion** (+38% YoY), above the midpoint of company guidance ($9.8B) and market consensus (~$9.84-9.9B).- **Non-GAAP EPS**: **$1.37** (+43% YoY), above consensus of ~$1.29-1.30.- **Non-GAAP Gross Margin**: **55%** (in line with guidance, slightly down from 57% last quarter, mainly due to the fading of one-time factors).- **Data Center**: **$5.8 billion** (+57% YoY), a record, driven by both EPYC CPUs and Instinct GPUs, the strongest engine this quarter.- **Client & Gaming**: $3.6 billion (+23% YoY).- **Embedded**: $873 million (+6% YoY).- Record Free Cash Flow of **$2.6 billion**.**Highlights**: Data Center has become the primary driver of revenue and profit. EPYC server CPUs set records for multiple consecutive quarters. AI inference + Agentic AI significantly boosted CPU demand (CPU:GPU ratio increased).### Q2 Guidance (Optimistic)- **Revenue**: **$11.2 billion ±$300 million** (midpoint YoY +46%, QoQ +9%).- **Non-GAAP Gross Margin**: Approximately **56%**.- Server CPU revenue expected Q2 YoY +70%+, full-year server CPU TAM growth rate raised to >35%/year (exceeding $120 billion by 2030).**Management View** (Lisa Su):- AI infrastructure demand is accelerating, inference and Agentic AI are driving significant demand for high-performance CPUs.- MI450 series + Helios rack platform H2 volume ramp on track, large orders from Meta/OpenAI progressing smoothly, customer forecasts exceeding initial expectations.- Higher confidence in reaching tens of billions in Data Center AI revenue by 2027.### Market Reaction (After-hours to date)Stock price surged (+10%+), breaking recent highs, reflecting market recognition of the "CPU Reshaping + AI GPU Deployment" logic.**Overall Assessment**: This is a **strong earnings report**. Revenue, EPS, and Data Center performance all exceeded expectations. Q2 guidance is also relatively positive, validating the return of the CPU's "head coach" role in the second half of AI. Short-term risks still include volatility under high valuation and gross margin pressure, but the long-term AI thesis has been further reinforced." datetime: "2026-05-05T23:38:26.000Z" locales: - [en](https://longbridge.com/en/topics/40445952.md) - [zh-CN](https://longbridge.com/zh-CN/topics/40445952.md) - [zh-HK](https://longbridge.com/zh-HK/topics/40445952.md) author: "[不奋东西](https://longbridge.com/en/profiles/14442740.md)" --- # $AMD(AMD.US)This world is too crazy, it really pre… ### Related Stocks - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [DXYZ.US](https://longbridge.com/en/quote/DXYZ.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md) - [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md) ## Comments (17) - **KAISHENGHK · 2026-05-06T17:37:28.000Z**: Palantir's stock-holding experience is so bad it makes me doubt life! It's very similar to Alibaba. - **四顾 · 2026-05-06T02:27:10.000Z · 👍 1**: Pltr also bet and lost... Now it's all about hoarding other stocks, it's really hard to play - **不奋东西 · 2026-05-06T01:14:27.000Z**: Yesterday, after AMD's earnings report was mentioned, $Intel(INTC.US) Intel would resonate, and indeed it also rose.When you've sold AMD too early, you can pay attention to Intel; maybe by 2027, it will be completely different.Key drivers: Domestic IDM + 18A advanced process node + SHIELD's sovereig - **大涨耐心拿着不要盯盘 · 2026-05-06T00:59:51.000Z · 👍 1**: StockPro is absolutely killing it. The insight is really high. - **不奋东西** (2026-05-06T01:15:17.000Z): Cognition still needs to evolve continuously. - **做t小能手 · 2026-05-06T00:33:57.000Z · 👍 1**: Even the StockPro can sell too early, what more can I say? Sold too early, so be it. 😭 - **浙江忧郁二代 · 2026-05-06T00:29:15.000Z · 👍 1**: It's just going to rise, hehe, the wealth AMD has brought me, hehe - **LuckyBoy · 2026-05-06T00:02:39.000Z · 👍 1**: StockPro also missed the rally in the night market, this is way too overpowering😂 - **不奋东西** (2026-05-06T00:26:03.000Z): Selling too early means you made a profit!If you're bullish, just find an opportunity to buy back in!Our massage parlor stock has gone from over 100 to over 200, but its core features haven't really c - **LuckyBoy** (2026-05-06T00:27:38.000Z): 😢Only the base position is left. If it rises again, I won't be able to sell. I sold AMD twice, and both times I sold too early. Waiting to buy back at a discount. - **A清风 · 2026-05-05T23:45:42.000Z**: How much money is needed to have 1% of the capital? - **不奋东西** (2026-05-05T23:47:35.000Z): 200 shares of SanDisk should be fine. - **FreeBird2025** (2026-05-06T03:20:33.000Z): Can 200K USD rank top 1? I don't believe it. - **耳朵制造战争** (2026-05-06T06:28:14.000Z): I estimate 200k USD is about 5%, the top 1% probably requires 1 million. - **包钟还是过夜 · 2026-05-05T23:45:05.000Z · 👍 1**: Almost, retail investors of Dizi basically missed out on the rally... - **不奋东西** (2026-05-05T23:46:36.000Z): Good that you made money!Once the system is built, you can make money in any way going forward.