Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the 2026 CES event in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026.

Bridget Bennett | Bloomberg | Getty Images

Advanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, while the company's revenue forecast also exceeded estimates as demand soars for chips to power artificial intelligence workloads.

The stock jumped about 5% in extended trading.

Here's how the chipmaker did versus LSEG consensus estimates for the quarter ended in March:

EPS: $1.37 vs. $1.29 adjusted expected

Revenue: $10.25 billion vs. $9.89 billion expected

Revenue jumped 38% from $7.44 billion a year ago, the company said in a release on Tuesday.…