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896 AMD Shares Rise 16% As AI Hardware Growth Accelerates

The Information
Amir Efrati @ The Information · 05/06/2026 00:42 EDT

AMD Shares Rise 16% As AI Hardware Growth Accelerates

AI server chip maker Advanced Micro Devices said Tuesday that its revenue growth would accelerate eight percentage points to 46% in the current quarter, after rising 38% to $10.3 billion in the first quarter. Shares rose 16% in after-hours trading. Sales of AMD’s AI graphics processing units are ...

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