Advanced Micro Devices Inc.’s upbeat revenue outlook wasn’t enough to send the stock higher in Tuesday’s extended session — suggesting the explosive rally over the past few months might have been overextended,

Advanced Micro Devices is set to report second-quarter results after the closing bell on Tuesday, with traders anticipating a sizable move from the chipmaker's stock.

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Ian King looks at the pressure on chipmakers to meet high expectations from investors enthralled by the possibilities of artificial intelligence.