Why Is AMD Stock Surging Before August Earnings?

TLDR AMD stock gained 1.58% and closed at $503.57 before the August 4 earnings report. Microsoft will deploy AMD Helios systems to support large-scale artificial intelligence workloads on Azure. Azure will add two AMD EPYC-powered virtual machine series and expand Pensando DPU deployments. Analysts expect AMD to report strong quarterly revenue and earnings per share. [...]

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