Chip Stocks Rise Premarket After Nvidia’s Blowout Results, Lifting AMD
Intel shares rose 3% in premarket trading as Broadcom and Advanced Micro Devices gained about 1.8% each, helped by Nvidia’s second-quarter revenue more than doubling to $96.2 billion. The rally reflected signs that chip and AI demand remain robust, though retail chatter on Stocktwits was bearish for AMD.