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Yes—but the 115% figure is a quarterly year-over-year comparison from Q2 2024, not AMD’s current annual growth rate. AMD later reported full-year Data Center revenue growth of 94% in 2024 and 32% in 2025; in Q2 2026, the segment grew 107% year over year.
What does AMD’s 115% data-center growth figure mean?
CNBC Television used the 115% figure in coverage of AMD’s Q2 2024 results, published July 30, 2024. It describes how much Data Center segment revenue rose compared with the same quarter a year earlier—not a full-year result or a rate that should be treated as current.
That distinction matters: a quarterly growth rate compares one three-month period with the corresponding period in the prior year, while an annual rate compares full fiscal years. The figures below therefore show the reporting periods as well as the percentages.
How did AMD’s later Data Center revenue compare?
| Reporting period | Data Center revenue | Year-over-year change |
|---|---|---|
| Q2 2024 | Not stated in the cited CNBC coverage | Up 115% for the quarter, as reported by CNBC Television on July 30, 2024 |
| Full-year 2024 | $12.6 billion | Up 94%, according to AMD’s 2024 Annual Report |
| Full-year 2025 | $16.6 billion | Up 32%, according to AMD’s 2025 results |
| Q2 2026 | $6.7 billion | Up 107% for the quarter, according to AMD’s Q2 2026 results |
The annual figures show a different pace from the 2024 quarterly headline: full-year revenue continued to rise in 2025, but its year-over-year growth rate was lower than in 2024. The Q2 2026 rate is a quarterly comparison, so it should not be directly read as a full-year growth rate.
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What is driving AMD’s Data Center growth?
AMD names its EPYC server processors and Instinct GPUs as the main drivers. They serve different roles in data-center infrastructure:
- EPYC CPUs: server processors for general-purpose workloads and compute tasks.
- Instinct GPUs: accelerators aimed at compute-intensive work, including AI and high-performance computing workloads.
AMD’s 2024 Annual Report says combined sales of EPYC and Instinct data-center products nearly doubled year over year and contributed approximately 50% of the company’s annual revenue. The report also cites more than 1,000 AMD-powered public-cloud instances. That indicates a substantial cloud footprint, but it is not a measure of market share or proof that all those instances use the same products or workloads.
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What the revenue figures do—and do not—show
Segment revenue growth establishes that AMD is selling more Data Center products in dollar terms than in the comparison period. By itself, it does not show how much unit volume grew, whether pricing or product mix changed, or how AMD’s products compare with competitors on performance per dollar, power use, or total cost of ownership. The reported figures also do not establish how revenue divides between CPUs and GPUs.
AMD’s Q2 2026 release provides company context: CFO Jean Hu said total company revenue rose 50% year over year to a record $11.5 billion, with Data Center representing 58% of revenue that quarter. That company-wide figure is distinct from the Data Center segment’s $6.7 billion of revenue and 107% year-over-year growth.
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