AMD Tumbles After Giving Disappointing Outlook for AI Growth

AMD Tumbles After Giving Disappointing Outlook for AI Growth

(Bloomberg) — Advanced Micro Devices Inc. tumbled in late trading after giving a disappointing outlook for its data center business, an area where it’s struggling to catch up with AI computing leader Nvidia Corp.

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The division will grow by a percentage in the “strong” double digits this year, AMD said on a conference call with analysts, predicting that the second half would be better than the first. But in an industry that’s seen Nvidia’s sales double…

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https://finance.yahoo.com/news/amd-data-center-sales-miss-214423845.html