AMD forecasts revenue above estimates on AI chip demand, but shares fall

AMD forecasted quarterly revenue above Wall Street estimates driven by strong AI chip demand and data-center expansions, with data-center sales more than doubling in 2027. Despite beating earnings estimates, its shares fell nearly 9% as investors expected an even more aggressive outlook amid competition with Nvidia.

This Wire brief sits within Fusion42's coverage of Semiconductors, and 3 sources have reported it.