AMD Beats Q2 Estimates — Shares Fall Anyway, Fourth Quarter Running

AMD's Q2 2026 revenue surged 50% to $11.54 billion, beating estimates, with data-center sales doubling year over year. Shares fell roughly 8% premarket on August 5, set to erase about $61.1 billion in market value. That's four straight beats followed by declines — strong results falling short of elevated AI-driven expectations.