AMD is trading at $338.88 (+10.99%) following Intel's strong Q1 earnings beat and significant growth in its AI and data center segments.
- Intel reported $13.58B in revenue with 22% growth in its AI/data center division, sparking a 27% premarket surge for INTC shares.
- The move aligns with broader tech strength as the NASDAQ rose 0.63%, overcoming Dow weakness and geopolitical tensions in the Middle East.