Wednesday, 4 November, 2026
Data-Center Surge: AMD's Strong Forecast Calms AI Market Jitters
By TechShots Studio
Advanced Micro Devices (AMD) eased broader market fears over slowing artificial intelligence spending by delivering a strong revenue forecast of roughly $17 billion for the fourth quarter, topping Wall Street expectations. Driven by skyrocketing demand for its AI hardware and server processors, data-center chip sales surged, sparking a jump in stock prices and reassuring investors about the sustained momentum of global AI infrastructure investments.
Read full story at REUTERS