AMD’s revenue declines but tops estimates; AI investments expected to fuel growth

  • Despite an 18% decline in revenue, AMD’s fiscal Q2 results exceeded estimates.
  • A slowdown in the processor business has hit overall sales, but growth in AI-related investments and data center business is anticipated.
  • Despite a weaker PC market, AMD expects its client segment to rebound during the latter part of the year due to a strong product portfolio.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications