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AMD Powers 90% of PC A.I. Market – Says A.I. Chips Are In Volume Production 

NewsTech

Published:

Reading time: 1 min.

Chip designer AMD's latest financial report for the quarter ending in December 2023 simultaneously reflected a downturn in the chip market and the first signs of a recovery. AMD's annual revenue dropped by 4% during the year, and its GAAP and non GAAP profits tanked by more than a third as revenue for chips primarily used in personal computing gadgets like laptops and PCs dropped by 25% in 2023 over 2022. At the same time, the firm's earnings presentation shared key facts about its focus on artificial intelligence, which had created some hype heading into today's release. AMD's fourth quarter […]

Read full article at https://wccftech.com/amd-powers-90-of-pc-a-i-market-says-a-i-chips-are-in-volume-production/

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