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AMD moves with AI data-center demand as Nvidia report stays firm

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Nvidia’s post-close report reinforced optimism for the chip group as investors focused on data-center processors and accelerators tied to AI spending. AMD, whose server chips power much of global cloud infrastructure, is positioned to gain from rising demand for specialized AI accelerators that handle the computations needed to train and run large models. The strength in Nvidia helped lift sentiment for AMD-linked shares.

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