AMD forecast sparks AI‑driven rally in U.S. chipmaker stocks
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AMD forecast sparks AI‑driven rally in U.S. chipmaker stocks
REUTERS
PUBLISHED MAY 6, 2026
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Advanced Micro Devices’ (AMD-Q) shares jumped to an all-time high on Wednesday as its strong outlook boosted investor confidence about sustained demand for AI infrastructure, sparking a rally across global semiconductor stocks.
AMD jumped 18.9 per cent and was set to add more than US$110-billion in market value, if gains hold. Rival Intel (INTC-Q) also rose 2.6 per…
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