Advanced Micro Devices expects second-quarter revenue to top forecasts as demand for its AI chips remains strong. Growth is especially visible in its data center segment, where customers are scaling deployments. Still, AMD faces tougher competition from Intel, and a potential global memory chip shortage could weigh on consumer electronics sales. Shares are already up sharply this year.
Adani Total Gas shares surged 8% to a seven-month high after the company posted better-than-expected Q4 results. Net profit rose 9% in the January-March quarter of FY26, while revenue climbed 17% year-on-year on higher volumes. The stock’s rebound was further boosted by an announced dividend to shareholders.
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Intel shares surged more than 24% after results topped expectations, driven by renewed AI-led demand for its CPUs. The momentum was strong enough to include sales of chips previously written off. With Intel’s market value crossing $416 billion, the rally also lifted peers like AMD and Arm, signaling growing optimism that CPUs could regain key roles in AI workloads.
GMR Airports, which operates five major airports including Delhi and Hyderabad, is sharpening its strategy to grow non-aeronautical revenue while building an expansion playbook for upcoming facilities. The market is taking notice: the company’s stock jumped this week after reporting a 45% year-on-year rise in gross income, highlighting momentum beyond passenger volumes alone.
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