
AMD Surges 13.33% After Meta-Amazon Cloud CPU Deal Ignites Data Center Demand Outlook
Advanced Micro Devices (AMD.US) rose to $346.04, up 13.33% on the day, triggering sharp intraday momentum signals with gains exceeding 5% within a five-minute window.
AMD, a leading designer of high-performance CPUs and GPUs for data center and AI workloads, surged after Meta struck a deal with Amazon Web Services to deploy AMD CPU chips across cloud infrastructure. The agreement fueled investor optimism over AMD's data center shipment volumes and revenue trajectory, reinforcing the company's competitive positioning in the server processor market at a time when AI infrastructure buildout continues to accelerate.

