AMD Soars as AI Demand Fuels Rosy Outlook, Uber Climbs, DaVita Rises
Today's biggest winners and losers in the stock market. On this episode of Stock Movers:- AMD (AMD), the leading challenger to Nvidia Corp. in AI computing chips, soared to a record in early trading after a flood of data center spending bolstered its sales forecast. Second-quarter revenue will be $11.2 billion, plus or minus $300 million, the company said in a statement Tuesday. That compares with an average analyst prediction of $10.5 billion, according to data compiled by Bloomberg. The stock soared in trading on Wednesday.- Uber (UBER) provided a better-than-expected forecast for bookings…
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