AMD's first-quarter results were good news for investors. Revenue hit $10.3 billion, up 38% year over year, while the data center segment climbed 57% to $5.8 billion...
Relative weakness was concentrated in information technology, health care and consumer staples. Strength in energy, financials and industrials provided only partial relief.
Much of Alphabet's momentum is tied to AI, particularly inside Google Cloud. The division brought in $20 billion in revenue, ahead of the $18.4 billion analysts had...
CEO Mark Zuckerberg said most of Meta's spending increase was due to higher component costs and additional data center costs to support future-year capacity.
The company reported $13.6 billion in revenue for the quarter, up 7% year over year and well above analyst expectations. Intel also raised its current-quarter revenue guidance...