AMD stock nudges higher premarket on “Helios” AI push in India with Tata Consultancy Services
AMD shares rose 0.7% to $207.32 in premarket trading after announcing a plan with Tata Consultancy Services for up to 200 megawatts of AI-ready data center capacity in India. The blueprint features AMD’s Instinct MI455X GPUs and EPYC “Venice” CPUs. U.S. markets reopened after the holiday; Nvidia slipped 2.2% premarket, Intel gained 0.6%. Retail sales and Fed minutes are expected this week.