AMD Posts Q4 Earnings Growth, Despite Industry Challenges; Expects to Capitalize on AI Demand
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Advanced Micro Devices’ latest earnings report highlights the company’s impressive performance despite several challenges being faced by the PC industry. The company's sales of embedded products also grew from $3.9 billion in 2021 to $10.6 billion in 2022. CEO Lisa Su also revealed that the company is focused on powering AI engines over the next several years.