AMD Earnings Boom Lifts Nasdaq 100 Futures 1.2% After Record High Close
Nasdaq 100 futures climbed 1.2% as Advanced Micro Devices' 57% data-center revenue surge and CEO Lisa Su's forecast of 35% annual CPU market growth to $120 billion by 2030 extended tech's rally. The index hit a record closing high on May 5, up 1.20%, driven by Intel's 13% gain on Apple U.S. chip talks, Micron's 10% rise, falling 4% WTI crude easing inflation fears, and 82% of S&P 500 firms beating Q1 estimates. The Roundhill Magnificent Seven ETF rose 0.5%, signaling sustained AI-fueled bullishness.