Topic
chip-stocks
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thehindu.comfinance69 days ago
AMD Reports Q1 Revenue Beat on AI Demand as Chip Stocks Surge May 5
Advanced Micro Devices reported first-quarter revenue of $10.25 billion, beating estimates amid 38% year-over-year growth driven by data centers. Shares of AMD, Intel, and Micron rose sharply, while Super Micro Computer and Arista Networks saw mixed after-hours moves. Major U.S.…