Ian King / Bloomberg:

AMD projects its MI300 lineup to generate ~$4B in revenue in 2024, up $500M from an earlier forecast, but short of expectations; AMD drops 6%+ after hours  —  - Sluggish gaming chip demand also has weighed on sales  — Investors waiting for new AI processors to fuel more growth

Ian King / Bloomberg:

AMD projects its MI300 lineup to generate ~$4B in revenue in 2024, up $500M from an earlier forecast, but short of expectations; AMD drops 6%+ after hours  —  - Sluggish gaming chip demand also has weighed on sales  — Investors waiting for new AI processors to fuel more growth

Source: TechMeme
Source Link: http://www.techmeme.com/240430/p47#a240430p47