November 20, 2025
AMD stock jumps over 6% pre-market Wall Street as chipmaker forecasts data centre-driven sales growth
IntelME Verdict
Market Moving
TL;DR
AMD stock surged over 8.62% after exceeding revenue forecasts with strong Q3 earnings, driven by demand for processors and AI accelerators, reflecting investor confidence in data center growth.
Analysis
AMD's stock surge and strong Q3 earnings, fueled by data center demand, signal market confidence in the company's growth trajectory. Investor optimism in AMD's product lineup and upcoming launches positions the company as a formidable player in the AI chip market, potentially challenging competitors like Nvidia.
Source
Livemint (India)↗Share:
