AMD Doubles Server CPU Forecast to $120 Billion as Agentic AI Rewrites Demand, CEO Says EPYC Verano Built Purely For AI

AMD posted record Q1 2026 revenue of $10.3 billion, driven by $5.8 billion in data center sales and strong demand for EPYC CPUs and Instinct accelerators.

CEO Lisa Su said agentic AI and inference are boosting demand for high-performance server chips, and AMD raised its server CPU market outlook to $120 billion.

AMD previewed next-gen EPYC Venice chips on TSMC’s 2nm process and Verano, a cost-optimized EPYC part aimed at AI infrastructure.

The results underscore AI infrastructure as a major growth driver for AMD and point to a deeper push into server CPUs built for AI-era workloads.