Weakness in PC and gaming markets,AMD and other stocks fall.

$Advanced Micro Devices(AMD.US)$ AMD still has room to grow in client and server market share this year, and while we see room to grow from our 31% growth target for this year, the question is 2023 as we see growth in several end markets.

There will be less interest in gaming compared to levels seen in the early days of the pandemic, which could impact AMD's business of custom chips for video game consoles in 2023 and 2024. While AMD is well-positioned in the server market, he doesn't think continued growth in that business will be enough to offset potential woes elsewhere.