AMD forecasts revenue above Wall Street estimates on strong demand for AI chips

Source: Biztoc.com· theglobeandmail.com· August 4, 2026
AMD forecasts revenue above Wall Street estimates on strong demand for AI chips

AMD AMD-Q forecast quarterly revenue above Wall Street estimates on Tuesday, banking on strong demand for its chips from massive data-centre capacity expansions to power AI technologies. Shares of the Santa Clara, Calif.-based company, however, fell over 8 pe…

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