Enterprise AI
AMD beats estimates on near-doubling of data center revenues
Record AI chip demand accompanies a strong quarter and a post-market stock boost
The semiconductor giant’s third-quarter earnings beat Wall Street estimates on record demand for its AI chips, boosting one of the year’s best-performing tech stocks after market close.
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Semafor Tech
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Semafor Tech
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Generated insight by OnAirToday AI
AMD’s results point to strong demand for AI chips contributing to growth in its data center business. The market reaction highlights how closely investors are watching AI-related revenue.
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