Thursday, 1 August, 2024

AMD Increases AI Chip Revenue Forecast Amid Tight Supply Conditions

AMD has raised its revenue forecast for AI chips, projecting increased demand and revenue growth in this sector. The company anticipates that supply constraints will persist, reflecting the industry's robust demand for advanced AI hardware. AMD's optimistic outlook comes as they continue to expand their AI chip offerings, positioning themselves as a key player in the growing AI technology market.