Arm and AMD shares rise after Intel reports strong earnings

11 articles · Updated · Sherwood News · Apr 23

Arm Holdings and Advanced Micro Devices shares climbed about 6% and 4% respectively in postmarket trading following Intel’s robust Q1 results and positive Q2 guidance.
Intel’s performance boosted confidence across the CPU industry, benefiting not only its own stock but also key competitors like Arm and AMD.
The surge highlights how the AI-driven demand is lifting a broad range of chipmakers, including those supplying CPUs for data centers and traditional hardware segments.

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