AMD forecasts quarterly revenue above expectations as AI chip demand stays strong
Higher education in Financial Engineering and Money & Capital Markets. SPK (Turkey CMB) licence. 16 years across institutional markets, research, and quant-driven analytics.
AI summary
Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, betting on resilient demand for its data-center chips as cloud providers accelerate spending on artificial intelligence infrastructure. The company expects quarterly revenue of $11.2 billion, plus or minus $300 million, compared with estimates of $10.52 billion, according to data compiled by LSEG. AMD, long seen by analysts and investors as a leading challenger to Nvidia's dominance, is tapping i
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