AMD holds above $300 ahead of May earnings test

AMD holds above $300 ahead of May earnings test

AMD slipped 0.5% premarket but holds above $300, aiming for a seventh weekly gain. The chipmaker recently unveiled its new Ryzen 9 processor. Analysts predict 38% revenue growth to $9.87 billion for Q1 earnings in May. Strong AI demand and robust analyst support continue to fuel the rally.

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