American microchip maker Advanced Micro Devices (AMD) reported a net loss of $139 million, or 9 cents per share, in the first quarter of 2023 (January-March). Information about this press service of the company published on your site
In January-March 2022, the company posted a net income of $786 million, or 56 cents per share.
Adjusted earnings for the first three months of 2023 fell from $1.13 to $0.60 per share. Revenue fell 9% to $5,353 billion from $5,887 billion in 2022.
AMD expects revenue of $5 to $5.6 billion in the second quarter (April – June).
Last week, Sasa Marinkovic, Senior Director of Gaming Marketing at AMD declarationThe cost and memory capacity of his company’s graphics cards are better than Nvidia’s.
Portal Tom in the second half of April Wrote About the increasing cases of malfunctions of AMD Ryzen 7000X3D processors. Devices overheat and damage motherboards. The abnormal behavior of processors can be caused by power fluctuations.