AI Summary
Advanced Micro Devices Inc. has issued a positive forecast for its second-quarter sales, anticipating revenue of approximately $11.2 billion. This outlook exceeds analyst expectations, reflecting the company's benefits from increased spending in artificial intelligence.
- Advanced Micro Devices Inc. forecasts second-quarter sales of $11.2 billion, with a margin of plus or minus $300 million.
- This forecast surpasses the average analyst prediction of $10.5 billion.
- The strong sales outlook is attributed to a surge in demand for AI-related products and services.
amdai spendingdata centerforecastprocessors