The graphic-chips company might get a boost from the growing use of artificial-intelligence language-generation tools. Read More...
Benzinga
Why AMD Stock Is Rising After Hours
Advanced Micro Devices Inc (NASDAQ: AMD) shares are trading higher in Wednesday’s after-hours session in sympathy with shares of Nvidia Corp (NASDAQ: NVDA), which jumped 7% on fourth-quarter earnings. NVDA Q4 Revenue: $6.05 billion beat estimates of $6.01 billion NVDA Q4 EPS: $0.88 beat estimates of $0.81 Quarterly revenue was down 21% year-over-year, but full-year 2022 revenue stayed flat. Data center was up 11% year-over-year, while gaming was down 46%. “AI is at an inflection point, setting u
