Economy Country 2025-11-13T13:55:30+00:00

AMD Shares Rise 9% on Sales Growth Forecast

Chipmaker Advanced Micro Devices (AMD) announced a forecast for accelerated sales growth over the next five years. Strong demand for data center products led to a 9% rise in the company's stock and a positive reaction from investors.


AMD Shares Rise 9% on Sales Growth Forecast

Shares of Advanced Micro Devices (AMD) rose by 9% after the chipmaker announced its forecast for accelerated sales growth over the next five years, driven by strong demand for data center products. The company expects a significant increase in revenue due to the growing interest in its solutions for data centers and artificial intelligence. This statement has sparked a positive reaction from investors, who see it as a signal of the company's strong prospects in the highly competitive semiconductor market.