Nvidia reports its first-quarter earnings after the market close on Wednesday, May 20, 2026. The release arrives at a complicated moment for the stock. Nvidia has beaten both revenue and earnings consensus estimates consistently over the past two years. Despite that track record, its share price has lagged both the Philadelphia Semiconductor Index and the…
data center
AMD stock rises 20% as AI boom boosts server chip demand
The rise of agentic AI is reshaping the semiconductor market, and Advanced Micro Devices is emerging as a major winner. The company’s first-quarter results beat expectations, driven by strong server CPU demand tied to agentic AI. As a result, AMD stock surged more than 20% in premarket trading. The rally extended across the sector. Shares…