AMD Earnings: Explosive Data Center Growth Lifts Stock
AMD earnings beat Wall Street forecasts as data center revenue surged 97%, sending shares higher and highlighting powerful AI demand despite gaming weakness.
AMD earnings beat Wall Street forecasts as data center revenue surged 97%, sending shares higher and highlighting powerful AI demand despite gaming weakness.
AMD stock has crossed $1 trillion for the first time after a 9% surge, a five-day rally, and booming AI chip demand lift shares to a record high.
AMD stock tops Q2 earnings estimates and raises its outlook, but shares fall as investors weigh lofty expectations, rising costs, and AI competition.
AMD earnings topped estimates with strong AI and data center growth, but shares initially fell as investors weighed guidance, spending, and sector risks.