Why AMD is faring much better than Intel in the same tough economy
Publishing timestamp: 2023-01-31 19:18:41
Summary
AMD and Intel are fierce competitors in the chip market, but AMD has a much brighter short-term outlook. AMD expects $5.3 billion in sales in the March quarter, while Intel expects $11 billion in sales, a 40% year-over-year decline. AMD's data center business is growing, and its acquisition of Xilinx is also contributing to growth. AMD expects to gain market share and revenue in 2023.
Sentiment: POSITIVE
Keywords: technology, business, intel corp, lisa su, advanced micro devices inc, breaking news: technology, business news, mobile, apple inc,