AMD’s Down 58% on Net Income in 2022
AMD reported fourth-quarter and fiscal-year 2022 results, and its numbers mirror the trend we saw with Intel last week, which would lend credence to Intel’s claims of macroeconomic headwinds. For the fourth quarter ended December 31, 2022, AMD reported revenue of $5.6 billion, a 16% increase over the fourth quarter of 2021. Net income was … Read more