AMD’s AI gravy train is still rolling

AMD shows up with the goods

The headline in this morning’s stock buffet is AMD, which delivered better-than-expected first-quarter results and then topped it off with second-quarter sales guidance that came in hotter than analysts wanted. In other words: the chipmaker didn’t just beat the buzzer — it kept sprinting after it.

AMD reported revenue of $10.25 billion, ahead of the $9.89 billion Street estimate, while adjusted EPS came in at $1.37 versus expectations of $1.29. That’s the kind of print that tells you demand isn’t just hanging around for the vibes — it’s showing up in the numbers.

Why investors care

The bigger story is the guidance flex. AMD said second-quarter sales should land above Wall Street’s forecast, which is a nice way of saying the company thinks the next leg of the AI and data-center boom still has room to run. That’s the part investors will zoom in on, because forward guidance tends to matter more than the victory lap on the quarter that just ended.

And the market response? Classic “we like what we’re hearing.” The stock jumped 16.5% in after-hours trading to $414, which is basically Wall Street yelling, “More of that, please.”

The rest of the morning watchlist

This roundup also had a few other names worth a glance:

• Kraft Heinz is set to report before the bell, with analysts looking for $0.50 per share on $5.89 billion in revenue.
• Disney is also on deck before the open, with expectations sitting at $1.49 per share on $24.76 billion in sales.
• Uber is expected to post earnings before the bell, while Super Micro already dropped upbeat results and lit up the after-hours tape.

But let’s be honest: AMD is the one wearing the crown here. Big beat, better guidance, and a stock pop to match. Big picture: in a market obsessed with AI winners, AMD just reminded everyone it still wants a seat at the grown-ups’ table.