# AMD's Q1 2026 revenue surged 38% to $10.3 billion while free cash flow more than tripled to $2.6 billion.

*semiconductor · news · 2026-05-13 · Seeking Alpha*

## Key points

- AMD's Q1 2026 revenue surged 38% year-over-year to $10.3 billion.
- EPYC server revenue grew over 50% year-over-year, with Q2 guidance above 70% growth.
- AMD doubled its server CPU TAM outlook from $60 billion to over $120 billion.
- Consensus projects AMD revenue rising from $49 billion in 2026 to nearly $75 billion in 2027.

**Companies:** Advanced Micro Devices

[Read the full story on Seeking Alpha](https://seekingalpha.com/article/4903578-amdstock-next-leg-higher-has-already-started)

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