# AMD stock price jumped 12 per cent in extended trading on Tuesday after surging about 65 per cent so far this year.

*semiconductor · news · 2026-05-05 · The Economic Times*

## Key points

- AMD increased its server CPU addressable market growth forecast to over 35% annually through 2030.
- AMD's data center revenue rose 57% to $5.8 billion, surpassing analyst expectations.
- The company expects server CPU revenue growth of over 70% year-on-year in Q2.
- AMD may need to consider qualifying Intel as a manufacturing partner due to capacity constraints at TSMC.
- AMD's deal with Meta allows Meta to purchase up to 10% of AMD's AI chips over five years.

**Companies:** Advanced Micro Devices, Nvidia, Intel, Meta Platforms
**Countries:** United States, Taiwan

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/amd-stock-price-jumps-big-after-advanced-micro-devices-earnings-call-forecast-second-quarter-revenue-above-wall-street-expectations/articleshow/130841471.cms)

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