Reported 3 months ago
In the wake of recent earnings reports, Microsoft and AMD illustrate contrasting outcomes in the AI sector. Microsoft's stock fell 7% after a disappointing performance in its AI software sales and slowing Azure revenue growth, while AMD's shares surged over 3% thanks to booming chip sales in its Data Center segment. Investors are focused on the returns from substantial AI infrastructure investments, with AMD benefiting from increased demand for its AI chips as Microsoft's capital expenditures grow.
Source: YAHOO