Every material Form 8-K Advanced Micro Devices filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Advanced Micro Devices reported third quarter 2026 revenue of $13.4 billion, reflecting a 45% increase year-over-year, alongside net income of $2.4 billion. The results were driven by record Data Center segment sales which nearly doubled compared to the prior-year period. For the fourth quarter of 2026, the company expects revenue of approximately $17 billion.
Third quarter 2026 revenue reached $13.4 billion, up 45% year-over-year.
Data Center segment revenue grew 97% year-over-year to a record $8.5 billion.
GAAP net income for the quarter ended September 26, 2026, was $2.4 billion, with diluted earnings per share of $1.46.
Fourth quarter 2026 revenue is expected to be approximately $17 billion, plus or minus 3%.
AMD appointed Tim Ryan, Head of Technology and Business Enablement at Citi, to its board of directors effective August 19, 2026, replacing retiring director Joe Householder. The filing also reports committee changes, including KC McClure becoming chair of the Audit and Finance Committee; the filing reports no financial results or guidance.
Joe Householder, a director since 2014, retires from the board effective August 19, 2026, not due to any disagreement with the company.
Tim Ryan was appointed to the board on August 19, 2026 and is deemed independent under Nasdaq and SEC rules.
KC McClure succeeds Householder as chair of the Audit and Finance Committee; Nora Denzel joins that committee and McClure joins the Nominating and Corporate Governance Committee.
Ryan is a certified public accountant who spent more than three decades at PwC, serving as U.S. Chair and Senior Partner from 2016 to 2024.
On August 17, 2026, Advanced Micro Devices closed a $4.75 billion public offering of senior notes in four tranches maturing 2029 through 2036, with coupons from 4.600% to 5.500%. The company intends to use the net proceeds for general corporate purposes, which may include debt repayment, so the filing adds fixed-rate debt obligations for shareholders to weigh.
Four tranches: $1.25 billion 4.600% notes due August 17, 2029; $1.50 billion 5.000% notes due 2031; $1.00 billion 5.250% notes due 2033; $1.00 billion 5.500% notes due 2036
Underwriting agreement dated August 13, 2026 with Barclays, BofA Securities, Citigroup, J.P. Morgan, Morgan Stanley and Wells Fargo, at prices of 99.757% to 99.921% of principal
Notes are general unsecured senior obligations; holders may require repurchase at 101% of principal upon a Change of Control Triggering Event
AMD reported second-quarter 2026 results on August 4, 2026, with revenue of $11.5 billion, up 50% from a year earlier, and GAAP diluted earnings per share of $1.38, compared with $0.54 a year earlier. The company expects third-quarter 2026 revenue of about $13 billion, plus or minus $300 million, which the filing says implies year-over-year growth of about 41% at the midpoint.
Q2 2026 revenue $11.5 billion, up 50% year-over-year; GAAP net income $2.3 billion versus $872 million a year earlier
Non-GAAP diluted EPS $1.66 versus $0.48 in Q2 2025; Q2 2025 included $800 million in export-control related inventory charges
Data Center segment revenue $6.7 billion, up 107% year-over-year; Gaming revenue $779 million, down 31%
Q3 2026 outlook: revenue about $13 billion (plus or minus $300 million) and non-GAAP gross margin about 56%
AMD's board approved higher base salaries for five executive team members, effective July 1, 2026, and set long-term equity awards to be granted on August 15, 2026. CEO Lisa Su's salary rises from $1,323,000 to $1,375,000, and her $36 million target award will be mostly performance-based, so the final share count depends on future shareholder return and earnings targets.
Base salaries rise effective July 1, 2026; Lisa Su goes from $1,323,000 to $1,375,000 and Jean Hu from $800,000 to $850,000
Long-term awards with target values of $36 million for Su, $9 million for Hu, $10 million for Mark Papermaster, $7.5 million for Darren Grasby and $8 million for Forrest Norrod, granted August 15, 2026
Su's award is 75% performance-based restricted stock units (PRSUs) and 25% time-based RSUs; the others receive 60% PRSUs and 40% RSUs
PRSUs can pay out from 0% to 250% of target, based on relative total shareholder return over August 15, 2026 to August 15, 2029 and fiscal 2028 non-GAAP EPS against the fiscal 2026 target
AMD entered a new five-year, $5.0 billion unsecured revolving credit facility with JPMorgan Chase Bank as administrative agent, replacing its existing facility, and it raised the cap on its commercial paper program to $5.5 billion from $3.0 billion. No borrowings were outstanding under the revolving facility at signing. Stockholders also approved an equity plan increase of 65 million shares at the May 13 annual meeting.
Five-year, $5.0 billion unsecured revolving credit facility dated May 14, 2026, with no borrowings outstanding at signing
Commercial paper program maximum raised to $5.5 billion from $3.0 billion; notes may mature in up to 397 days
Stockholders approved a 65 million share increase to the 2023 Equity Incentive Plan, bringing the total to 153 million shares
Shareholder proposal to lower the ownership threshold for calling a special meeting was not approved, with 624 million votes against
AMD reported first quarter 2026 revenue of $10.3 billion, up 38% from a year earlier, with GAAP diluted earnings per share of $0.84 versus $0.44 and non-GAAP diluted earnings per share of $1.37 versus $0.96. The company expects second quarter 2026 revenue of about $11.2 billion, plus or minus $300 million, which it says is about 46% year-over-year growth at the midpoint, and a non-GAAP gross margin of about 56%.
Q1 2026 revenue was $10.3 billion, up 38% year over year and flat from the fourth quarter of 2025.
GAAP diluted EPS was $0.84 versus $0.44 a year earlier; non-GAAP diluted EPS was $1.37 versus $0.96.
Data Center segment revenue was $5.8 billion, up 57% year over year.
Q2 2026 revenue outlook is about $11.2 billion, plus or minus $300 million, with non-GAAP gross margin of about 56%.
On February 23, 2026, AMD issued Meta a performance-based warrant to buy up to 160 million AMD common shares at $0.01 per share, alongside an amended purchase agreement under which Meta committed to buy the initial 1 gigawatt equivalent of AMD Instinct GPUs. The warrant's shares vest in tranches tied to Meta's purchases, up to 6 gigawatts, and to AMD stock price thresholds that rise to $600 per share, so the full share count would only be issued if those conditions are met. AMD says it expects the partnership to drive multi-year revenue growth and be accretive to non-GAAP earnings per share, but the filing gives no revenue or earnings figures.
Warrant covers up to 160 million AMD common shares at an exercise price of $0.01 per share, issued February 23, 2026
First tranche vests on shipment of the initial 1 gigawatt; full vesting requires Meta purchases of 6 gigawatts, plus stock price thresholds up to $600 per share for the final tranche
Warrant exercisable until 5:00 p.m. Eastern time on February 23, 2031, by cash or cashless exercise at Meta's election
Shipments supporting the first gigawatt deployment are scheduled to begin in the second half of 2026
AMD's board approved a $75 million special long-term equity award for CEO Lisa Su, to be granted March 15, 2026, and approved fiscal 2025 cash bonuses for Su and four other executive officers. The equity award converts into performance-based restricted stock units that can pay out from 0% to 200% of target, and only if the stock meets price hurdles through March 15, 2031, subject to her continued service.
CEO Value Creation Equity Award: $75 million target value, granted March 15, 2026; PRSUs earned from 0% to 200% of target
Stock price hurdles range from a 10% five-year CAGR (Tranche 1) to $600 per share (Tranche 4); performance period ends March 15, 2031
Fiscal 2025 EIP bonuses: Lisa T. Su $3,125,430; Mark Papermaster $1,293,187; Jean Hu $1,179,750; Forrest Norrod $1,157,062; Ava Hahn $738,100, expected to be paid March 2026
AMD reported fourth-quarter 2025 revenue of $10.3 billion, up 34% from a year earlier, with GAAP diluted earnings per share of $0.92 versus $0.29 and non-GAAP diluted earnings per share of $1.53 versus $1.09. For the first quarter of 2026, AMD expects revenue of about $9.8 billion, plus or minus $300 million, which is a sequential decline of about 5% but year-over-year growth of about 32% at the mid-point, and the filing says the quarter's non-GAAP results include about $360 million from a release of previously reserved inventory.
Q4 2025 revenue was $10.3 billion, up 34% year-over-year; GAAP net income was $1.5 billion versus $482 million a year earlier
Full-year 2025 revenue was $34.6 billion, up 34%; GAAP net income was $4.3 billion and non-GAAP diluted EPS was $4.17 versus $3.31
Q4 included an approximate $360 million release of previously reserved AMD Instinct MI308 inventory and about $390 million of MI308 revenue to China; excluding these items, non-GAAP gross margin would have been about 55%
Q1 2026 outlook: revenue of about $9.8 billion, plus or minus $300 million, including about $100 million of MI308 sales to China; non-GAAP gross margin expected at about 55%
AMD's board approved increasing its size from eight to nine directors on January 16, 2026, and appointed KC McClure, former Chief Financial Officer of Accenture, to fill the new seat. The board determined she is independent under Nasdaq and SEC rules, and she was also named to the Audit and Finance Committee. The filing is a board governance change and does not report any financial results or guidance changes.
Board increased from eight to nine directors; McClure appointed January 16, 2026 to fill the vacancy
McClure joined the Audit and Finance Committee and was determined to be independent
McClure was granted 1,278 restricted stock units on January 16, 2026, fully vesting on the one-year anniversary of the grant
McClure was Chief Financial Officer of Accenture from 2019 to 2024 and previously spent more than 37 years at Accenture
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Advanced Micro Devices filing is on SEC EDGAR ↗. 8-K briefs of other companies →