News

Major gauge futures soared following a series of record closes from US indexes.

Advanced Micro Devices beat estimates for the first quarter on strong sales of AI infrastructure and data center chips. AMD stock rose.

The chipmaker's data center segment brought in $5.8 billion, up 57% year over year, as AMD raised its second-quarter revenue outlook to $11.2 billion

Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) reported first quarter results that exceeded Wall Street expectations, supported by strong growth in its data center segment, sending its shares higher after Tuesday's closing bell. The semiconductor company reported revenue of $10.3...

AMD (AMD) reported first quarter results on Tuesday after the closing bell. Adjusted earnings per share (EPS) came in at $1.37 (compared to analyst estimates of $1.28), and revenue came in at $10.25 billion (compared to analyst estimates of $9.89 billion). Market Domination Overtime host Josh Lipton takes a closer look at the breaking numbers.

AMD enters first-quarter earnings with high AI expectations, premium valuation, and limited room for disappointment after its sharp rally.

Micron stock gained on Wednesday amid booming demand for memory and storage.

By Niket Nishant and Utkarsh Hathi May 5 (Reuters) - Wall Street's main indexes recovered on Tuesday as oil prices fell despite renewed Middle East tensions that threatened to upend a fragile truce

Stocks were back near their highest levels on record after Wall Street turned its attention away from Iran and back to earnings season. The Dow rose 305 points, or 0.6%. The S&P 500 was up 0.7%. The Nasdaq was up 0.

Advanced Micro Devices is expected to post strong growth driven by AI data center demand, though pricing pressure could weigh on margins.

AMD reported its first quarter earnings on Tuesday.

AMD reported its first quarter earnings on Tuesday.