AMD reported an 18% decline in year-over-year revenue in the second quarter and issued a sales forecast that trailed analysts' estimates.
AMD's client group, which includes sales from PC processors, dropped a massive 54% annually to $998 million because of a "weaker PC market," it said. AMD noted that market conditions are improving.
AMD's data center segment reported a decline of 11% to $1.3 billion, which the company said was due to lower server processor sales. AMD said some cloud providers had extra inventory during the quarter.that's intended to build and run the kind of AI models that are at the heart of applications like ChatGPT. AMD said that chip, the MI300X, was currently being provided to customers for sampling.
AMD sells less-powerful chips and networking parts in its embedded segment, which was the only sector of AMD to grow in the period. Revenue in the unit increased 16% year-over-year to $1.5 billion. AMD's gaming segment includes graphics processors for PCs as well as chips for consoles like Sony's PlayStation 5. Sales in the division dropped 4% on an annual basis to $1.6 billion, a decline that could have been worse if not for high demand for "semi-custom" chips like the ones it makes for game consoles.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Luis Severino’s struggles continue, Yankees strike out 18 times in loss to OriolesSo much for a turnaround for Luis Severino. And so much for momentum for the Yankees. They were crushed by the Orioles, 9-3, on Sunday night.
Lire la suite »
Buckmasters Expo returning to Montgomery Aug. 18-20The annual Buckmasters Expo will be at the Montgomery Convention Center on Aug. 18-20.
Lire la suite »
18-year-old dies after being shot in AkronAccording to the Summit County Medical Examiner, the victim was found in the 500 block of Noble Ave. around 10:45 p.m. Sunday.
Lire la suite »
5 Akron teens arrested for robbing, assaulting 18-year-oldThe victim told police he was walking in the area of W. Thornton and Main Streets when the group of males approached him and at least one pointed a gun at him.
Lire la suite »