AMD reported for the quarter and year. The company reports that it holds 90% of the PC market with artificial intelligence

by alex

Annual indicators dropped

AMD reported for the 2023 financial year and for the last quarter. 

The company's quarterly revenue was $6.17 billion, up 10% from the year before. Operating income for the quarter was $342 million, up from a $149 million loss a year ago. Reading profits grew by more than 3000%, to $667 million. 

As for the annual results, revenue reached $22.68 billion, down 4% from 2022. Operating income fell 68% to $401 million, and net income fell 35% to $854 million. 

AMD separately noted that it occupies 90% of the PC market with artificial intelligence. In this case we mean the corresponding processors. Let us remember that the Ryzen 7040 has a Ryzen AI unit, and such processors have been on sale for almost a year. Intel has a similar hardware unit in Meteor Lake, but they came out only now. 

READ
6000 mAh, 144 Hz and Snapdragon 8s Gen 3. The monster of autonomy iQOO Z9 Turbo can already be ordered in China

You may also like

Leave a Comment