AMD’s AI Momentum Accelerates as Data Center Boom Drives Strong Forecast, Intensifies Nvidia and Intel Battle

Tekedia | 06-05-2026 11:50pm |

Advanced Micro Devices delivered another powerful signal that the artificial intelligence infrastructure race is broadening beyond Nvidia, forecasting second-quarter revenue above Wall Street expectations as surging demand for AI chips fueled explosive growth in its data-center business. The upbeat guidance sent AMD shares soaring more than 12% in extended trading on Tuesday, extending a rally

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