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AMD shares jump 13% as AI chip demand lifts strong results
May 6, 2026
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Posted 1 hour ago by
Shares of Advanced Micro Devices jumped sharply after the chipmaker delivered strong quarterly results and issued an upbeat outlook, driven by robust demand for AI chips. Growth in its data centre business and rising adoption of AI infrastructure reinforced investor confidence in AMD’s position as a key challenger in the AI semiconductor space.
Economic Times
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