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 strong Q3 earnings, exceeding revenue forecast with demand for EPYC processors, Ryzen CPUs, and Instinct AI accelerators, driven by data center growth prospects.
Analysis
AMD's stock surge post strong Q3 earnings and analyst upgrades, driven by data center growth and AI prospects, signifies investor confidence in the company's future performance. Finance professionals should consider the potential investment opportunities in AMD, given its competitive positioning against Nvidia in the AI chip market.
Source
Livemint (India)↗Share:
