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HomeBusinessAMD forecasts revenue above expectations on strong AI demand, shares jump 12%

AMD forecasts revenue above expectations on strong AI demand, shares jump 12%

May 5: Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, helped by keen demand for its data-center chips as cloud-computing companies accelerate spending on artificial-intelligence infrastructure. Shares of the company jumped 12 per cent in extended trading aft

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