Advanced Micro Devices, Inc. (AMD) has released its financial results for the first quarter, reporting a revenue increase of 36% to $7.43 billion. Despite surpassing analyst expectations with strong performance in its data-center business, AMD anticipates a $1.5 billion revenue impact due to new U.S. restrictions on chip exports to China. The company has guided for higher quarterly revenue in the upcoming months, indicating a positive market outlook, especially driven by momentum in AI technologies. However, the stock faced volatility, having rallied on earnings but subsequently lost some after-market gains as analysts expressed concerns over export risks and tariff challenges.