Apparently, Ryzen sales and a sudden hunger for AI PC notebooks helped the company rack up gains across both cloud and enterprise, sending server and client share into orbit. In fact, AMD's total CPU revenue share shot up to 31.6 per cent, marking a 9.0-point year-on-year leap and 2.9 points up on the quarter.

Desktop CPUs saw the biggest annual bounce, up 15.2 points from 19.2 per cent to 34.4 per cent. Quarter-on-quarter, that rise was still a healthy 6.4 points. Mobile share nudged up 0.5 points to 22.1 per cent, which sounds tame until you realise it's 7.3 points higher than the same quarter in 2024.

Mercury's full spreadsheet of joy shows:

• Server revenue share: 39.4 per cent (up from 36.4 per cent in Q4 2024 and 33.0 per cent in Q1 2024)
• Desktop revenue share: 34.4 per cent (up from 28.0 per cent in Q4 2024 and 19.2 per cent in Q1 2024)
• Mobile revenue share: 22.1 per cent (up from 21.6 per cent in Q4 2024 and 14.8 per cent in Q1 2024)
• Total CPU revenue share: 31.6 per cent (up from 28.6 per cent in Q4 2024 and 22.6 per cent in Q1 2024)

AMD’s total client revenue share climbed to 26.5 per cent, up 10.2 points on the year and 2.7 points since last quarter. AMD is clearly eating  Chipzilla’s lunch with a side of Grey Box Shifter gravy.

Troubled Chipzilla now looks like it’s losing grip on segments it once controlled with the confidence of a cartel. AMD, with its focus on AI-ready and high-performance computing, isn’t just catching up it’s overtaking.

Whether the cocaine nose jobs of Wall Street notice or not, the tide’s turning fast.