# For the ongoing quarter, AMD sees revenue to be $11.2 billion, plus or minus $300 million, again higher than analyst expectations of $10.5 billion.

*semiconductor · news · 2026-05-06 · CNBC TV18*

## Key points

- AMD's projected Q2 2024 revenue of $11.2 billion surpasses analyst expectations by $700 million.
- Data Center sales rose 57% year-over-year to $5.8 billion, becoming AMD's primary earnings contributor.
- AMD will ship its first rack-scale AI data center system, Helios, this year; OpenAI and Meta are customers.
- AMD and Intel partnered on a new x86 CPU instruction set, potentially boosting density by 16 times.

**Companies:** Advanced Micro Devices (AMD)

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/amd-share-price-sharp-surge-extended-trading-strong-q1-results-q2-guidance-lisa-su-intel-deal-19899561.htm)

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