AMD - Why the difference with NVIDIA?

Share prices went down after that.

AMD's strength lies in having chips embedded in various consumer electronics.

During the WFH boom, AMD rode on the catalyst.

The Client segment made up 36% of Q1'22's revenue. So any hiccups would be as detrimental as what we have observed.

Gross margins also took a hit if we looked at the recent quarters.

Undoubtedly the shrinking gross margin stopped at 42% in Q3'22 and starts to stabilize, but YoY wise it is still down by 4 percentage points.

A shrinking revenue and gross margin is indeed a double whammy.

Now it isn't true to say that AMD chips are not used for AI. In its Embedded business segment, there are some AMD chips used in Subaru vehicles.

But when it comes to higher-end AI-related prospects, AMD seems to be firing blanks at the moment.

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