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Datacenters & Chips Β· first seen 04 November 2026, 02:37 UTC

AMD shares jump on AI data-center growth outlook

AMD's AI data-center guidance signals a credible second source to Nvidia for AI compute.

AMD shares rose after it forecast over 80% revenue growth in 2027 and doubled server CPU sales, with OpenAI and Meta chip deals triggering a $1B quarterly charge.

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