AMD revenues fall 18% to $5.36B as PC market recovers and AI rises
AMD revenues fall 18% to $5.36B as PC market recovers and AI rises - Lemmy.ca
cross-posted from: https://lemmy.ca/post/2431489 [https://lemmy.ca/post/2431489] > > Advanced Micro Devices reported that revenue in its second quarter was $5.36 billion, down 18% from a year earlier as the client PC market continues to climb back during the economic downturn. > >But investors took the report as good news, as AI-related stocks such as AMD, which makes the processors and graphics processing units (GPUs) used in AI machines, are riding on high demand for AI.