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stocksJul 24, 2026, 12:34 AM

Intel, AMD, Infosys Headlines: Data Center Demand Drives Gains

Intel shares rose 3.5% on a stronger-than-expected revenue forecast fueled by data center demand. AMD unveiled new data center products it claims outperform Nvidia, while Infosys trimmed its sales forecast and named a new CEO.

INTCAMDINFY

Intel jumped 3.5% in extended trading after issuing a stronger-than-expected revenue forecast, driven by robust demand in the data center segment.

AMD announced new data center products that the company says will outperform Nvidia's offerings, signaling intensified competition in the AI chip market.

Infosys lowered the top end of its full-year sales guidance and appointed a new CEO, adding uncertainty around its near-term outlook.

Source: First Squawk