Autodesk Soars: AI Demand Drives Earnings Surge

Autodesk stock skyrockets 8% after crushing Q2 expectations, fueled by booming AI data center demand for its design software. Earnings and revenue soared past analyst predictions, driven by double-digit growth in key segments like Architecture, Engineering, and AutoCad. With billings up 36%, Autodesk raised its full-year outlook, signaling continued dominance in the AI-driven construction boom and sending investor confidence soaring. Hosted on Acast. See acast.com/privacy for more information.