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Advanced Micro Devices, Inc (NASDAQ:AMD) surpassed Intel’s data center chip revenue in the last quarter, marking a reversal from 2022 when Intel’s data center revenue was three times that of AMD.
Revenue in Intel's Client Computing Group - which includes its PC chips for desktop and laptop computers - fell 7% to $7.3 billion. Analysts had estimated the client segment would shrink to $7.38 ...
AMD forecast an adjusted gross margin of roughly 54%, which met analyst expectations. The company reported revenue of $6.82 billion for the third quarter, compared with estimates of $6.71 billion.
Intel last week said it expects demand from that segment to decline and stay down for the "next few" quarters. ... Analysts polled by LSEG expect revenue of $6.37 billion. AMD forecast adjusted ...
Intel's Q3 revenue came in at $14.2 billion with adjusted earnings per share (EPS) of $0.41. Analysts were expecting revenue of $13.5 billion and adjusted EPS of $0.31.
In November 2009, Intel agreed to pay AMD $1.25 billion as part of a deal to settle all outstanding legal disputes between the two companies. [9] [10] [11]That week, Andrew Cuomo, then the Attorney General of New York, who had access to the 200 million documents in discovery and 2,200 hours of witness depositions from the private lawsuit, filed another antitrust lawsuit under similar ...
AMD's announcement follows rival Intel’s disappointing report last week, in which it posted a lower-than-anticipated revenue outlook for the current quarter. AMD said it expects Q2 revenue of ...
Intel Corporation, an American multinational corporation and technology company headquartered in Santa Clara, California, is the world's largest semiconductor chip manufacturer by revenue. [ 1 ] [ 2 ] Since its inception, the company has acquired dozens of companies across the global technology industry, with seven multi-billion-dollar ...