Advanced Micro Devices (AMD) shares have gained 10%, outperforming the broader Zacks Computer & Technology sector's return of 9.7%. The semiconductor chip provider has been riding on strong performance of the Data Center segment. In the second quarter of 2024, Data Center revenues surged 114.5% year over year to $2.83 billion and accounted for 48.6% of total revenues. Sequentially, revenues increased 21%. Exiting second-quarter 2024, AMD had more than 900 public cloud instances available, with Netflix and U ...