Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, betting on resilient demand for its data-center chips ‌as cloud providers accelerate spending on artificial intelligence infrastructure. The company expects ‌quarterly revenue of $11.2 billion, plus or minus $300 million, compared with estimates of $10.52 billion, according to data compiled ​by LSEG. AMD, long seen by analysts and investors as a leading challenger to Nvidia's dominance, is tapping into a new AI hardware opportunity in the form of central processing unit (CPU) as companies move from training models to deploying them, a process ‌known as inference.