Advanced Micro Devices Stock Pops on Artificial Intelligence (AI) Chip Sales Growth and an Increase in 2024 AI Chip Revenue Guidance

Technology

Advanced Micro Devices Stock Pops On Artificial Intelligence (Ai) Chip Sales Growth And An Increase In 2024 Ai Chip Revenue Guidance

By The Motley Fool

The chipmaker's data center revenue soared 115% year over year, driven by powerful demand across industries for artificial intelligence (AI) chips. Shares of Advanced Micro Devices (AMD 4.21%) rose 7.6% in Tuesday's after-hours trading following the ...Read more

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