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AMD shares jump about 6% on $3 trillion AI-infra outlook

AMD shares advanced about 6% after its CFO projected the overall AI infrastructure market could reach as much as $3 trillion by the end of the decade at the Citi Global TMT Conference.

AMD

Advanced Micro Devices Inc. (AMD) stock advanced about 6% on Tuesday after the company outlined a bullish long-term view for artificial intelligence infrastructure, saying the overall market could reach as much as $3 trillion by the end of the decade. Speaking at the Citi Global TMT Conference, AMD Chief Fi…