AMD stock rises on strong AI revenue and upbeat forecast

AMD's stock price has been rising as the company demonstrates tangible revenue gains from its artificial intelligence (AI) business, MarketWatch reported.

This growth in AI-related sales has helped AMD overcome investor worries about the sustainability of its revenue streams, according to MarketWatch.

The chip maker's positive financial outlook reflects confidence in the continued strength of its AI trade, leading to an optimistic forecast for future performance.

MarketWatch highlights that AMD's ability to generate 'real' AI revenue is a key factor in the stock's upward momentum and investor sentiment.