From Nasdaq: 2025-06-04 16:40:00

Shares of Advanced Micro Devices (NASDAQ: AMD) surged 14% last month after exceeding first-quarter earnings expectations. The chipmaker also secured a deal with a Saudi Arabian AI start-up and benefited from a market recovery trend amid tariff concerns. AMD’s growth was highlighted by a 36% revenue increase to $7.44 billion, with strong performance in the data center and client segments.

Following a decline, AMD stock rebounded in May, gaining 2% post-earnings report. Revenue soared to $7.44 billion, with data center revenue up 57% to $3.7 billion. AMD’s $6 billion share repurchase program and partnerships, like the $10 billion deal with Humain, indicate a proactive approach to capitalize on opportunities and growth potential.

With a robust performance in the data center and client segments, AMD looks well-positioned for further gains. The company’s competitive offerings in AI chips and strategic partnerships, like the collaboration with Humain, align with the increasing demand for advanced technology solutions. AMD’s momentum in AI and potential market expansion bode well for future growth.

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