Advanced Micro Devices Inc (NASDAQ:AMD) shares are rising in Thursday's after-hours session following a blowout quarter from rival chipmaker Intel Corp (NASDAQ:INTC), which sent the stock soaring.
Advanced Micro Devices stock is trending.
Why is AMD stock up today?
Intel Sees Unprecedented AI Demand Intel reported 25% year-over-year revenue growth in the second quarter, representing its strongest revenue growth in more than 15 years.
The chipmaker also delivered adjusted earnings that were double what analysts were expecting.
