AMD's Q2 Data Center Revenue Surges 107% to $6.72B, Securing Multi-Gen AI Deals with OpenAI & Meta, While Intel's Foundry Posts $2.1B Loss
AMD's Data Center segment revenue reached $6.72 billion in Q2 2026, marking a 107% year-over-year increase, driven by strong demand for EPYC and Instinct products. The company also secured multi-generation AI silicon deals with major players like Anthropic, OpenAI, and Meta for its Helios rackscale platform. Concurrently, Intel's DCAI unit grew 59% to $6.26 billion, but its Foundry business reported a $2.1 billion loss. AMD's non-GAAP operating margin rose from 12% to 27%. Both AMD and Intel stocks have rallied over 130% year to date.
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