AMD forecasts revenue above expectations on strong AI demand, shares jump 12%

Orientul Mijlociu

May 5 : Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, helped by keen demand for its data-center chips as cloud-computing companies accelerate spending on artificial-intelligence infrastructure. Shares of the company jumped 12 per cent in extended trading after surging about 65 per cent so far this year. AMD is seen by analysts and investors as a leading challenger to Nvidia's dominance in AI chips, commonly referred to as graphics processing

AMD forecasts revenue above expectations on strong AI demand, shares jump 12% https://www.channelnewsasia.com/ - 06.05.2026 02:44
Super Micro forecasts quarterly revenue above estimates, shares climb https://www.channelnewsasia.com/ - 06.05.2026 00:42
AMD forecasts quarterly revenue above expectations as AI chip demand stays strong https://www.channelnewsasia.com/ - 06.05.2026 00:42
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AMD forecasts revenue above expectations on strong AI demand, shares jump 12% https://www.channelnewsasia.com/ - 06.05.2026 02:44
Super Micro forecasts quarterly revenue above estimates, shares climb https://www.channelnewsasia.com/ - 06.05.2026 00:42
AMD forecasts quarterly revenue above expectations as AI chip demand stays strong https://www.channelnewsasia.com/ - 06.05.2026 00:42
Skyworks Solutions forecasts higher revenue on strong chip demand https://www.channelnewsasia.com/ - 06.05.2026 00:41
Singapore's Grab beats revenue estimates on strong delivery, mobility demand https://www.channelnewsasia.com/ - 05.05.2026 04:06
Singapore's Grab beats revenue estimates on strong delivery, mobility demand https://www.channelnewsasia.com - 05.05.2026 03:50
Singapore's Grab beats quarterly revenue estimates https://www.channelnewsasia.com - 05.05.2026 02:18