AMD Stock Jumps as Intel’s AI CPU Boom Puts $500 Billion in Sight
Shares of Advanced Micro Devices jumped over 7% in U.S. premarket trading Friday, as a surge in central processor names followed Intel’s numbers, which flagged mounting AI data-center appetite outside the graphics chips that have led the sector. AMD and Arm both traded higher; investors are now wagering that answering AI queries—known as inference—will drive heavier use of CPUs in big server clusters.
