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AMD shares jump over 21% to record high after strong Q1 earnings, upbeat outlook

AMD shares jump over 21% to record high after strong Q1 earnings, upbeat outlook

Advanced Micro Devices shares rose 22% to $430 after reporting strong Q1 earnings of $10.3 billion, driven by demand for AI-related chips. The company expects Q2 revenue of $11.2 billion, boosted by a growing data centre market and partnerships with major tech firms.

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