AMD Stock Soars on Strong Earnings and Growing Confidence About AI
AMD reported strong first-quarter results, with revenue up 38% to $10.3 billion and earnings exceeding Wall Street expectations. Its data center segment grew 57%, though profit margins came in slightly below forecasts. The company issued upbeat second-quarter guidance, helping drive its stock higher in after-hours trading. CEO Lisa Su highlighted strong demand for AI computing and projected significant growth in AMD’s AI data center business … Continue reading AMD Stock Soars on Strong Earnings and Growing Confidence About AI
