Advanced Micro Devices (AMD) shares have increased 61% from a low of $76.48 in April. The company reported a 36% year-over-year revenue growth in the first quarter, driven by strong demand for AI chips and upcoming product launches including the MI350 GPU, expected to provide 35 times the performance of its predecessor. The firm has also partnered with Saudi Arabia’s HUMAIN to create AI computing systems.
Amazon (AMZN) shares have rebounded 42% from a low of $151.76. The company experienced a 62% year-over-year increase in earnings in the first quarter, primarily due to its advancements in robotics within its fulfillment network. Analysts predict record earnings in 2025 and 2026, with significant investments in robot technology that may enhance delivery efficiency and margins.
