Sentiment: Positive
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AMD Stock Surges After Intel Earnings Boost Chip Shares
By Maxwell Mutuma at 2026-05-03 17:42
Sentiment: Positive
TLDR AMD stock rose more than 8% in pre-market trading and moved above $330 on April 24. Intel reported revenue of $13.6 billion and earnings per share of $0.29, which exceeded expectations. Stifel raised its price target on AMD to $320 and maintained a Buy rating. Analyst Ruben Roy linked AMD’s outlook to multi-gigawatt commitments [...] The post AMD Stock Surges After Intel Earnings Boost Chip Shares appeared first on CoinCentral. Continue reading...
Categories: AI
Tags: #AI #Stocks #AMD stock
Source Coin Central