Uranium Miners' Shares Fall After AMD Forecasts Weaker Q1 Revenue

MT Newswires Live11:48

Paladin Energy's (ASX:PDN) shares fell past 9% in recent trading on Thursday, while those of Deep Yellow (ASX:DYL) tumbled 6% after Advanced Micro Devices (AMD) said Wednesday it expects revenue of about $9.80 billion, plus or minus $300 million, in the first quarter.

The chipmaker reported a revenue of $10.27 billion in the quarter ended Dec. 27, 2025. The projected decline in the revenue raised concerns if the firm could challenge rival Nvidia in meeting artificial intelligence hardware demand.

Nuclear energy is expected to help increasing energy demand for artificial intelligencce-related infrastructure.

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