ReportWire

AMD CEO promises to keep taking data-center from Intel even as cloud demand pauses following ‘strong’ 2022

[ad_1]

Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker’s data-center sales gained and executives forecast sales of more than $5 billion to start 2023, even as cloud-customer demand begins the year light.

AMD shares AMD rose 3% after hours, following a 3.7% gain in the regular session to close at $75.15.

AMD…

[ad_2]

Source link