JAPAN DEFENCE MINISTER: EYEING EARLY TRANSFER OF ABUKUMA CLASS DESTROYERS AND TC-90 AIRCRAFT TO PHILIPPINES

Advanced Micro Devices is heading into its first-quarter earnings after its strongest monthly stock gain since the dot-com era, with shares up 74% in April. Investors are watching closely as expectations are elevated, particularly around AI-driven growth, leaving limited room for disappointment. Analysts warn the stock is “priced for perfection,” following its recent surge and a modest pullback. Broader semiconductor sentiment remains supported by heavy AI infrastructure spending from major tech firms.

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