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Advanced Micro Devices said late Thursday that its sales for the second quarter will be lower than anticipated.
The Sunnyvale, Calif., chip maker said sales for the quarter ending July 2 are expected to be approximately $1.2 billion, a 9 percent decline compared to the first quarter and a 52 percent increase compared to the second quarter of 2005.
AMD previously said its earnings would be flat or slightly down form the first quarter but up about 65 percent from the prior year.
AMD said that during the quarter it had "record" sales of single-, dual- and multi-socket server CPUs and workstations, but sales of entry-level and mainstream mobile and desktop processors were down.
AMD has steadily gained market share from Intel over the past year, particularly in the server space. By end of the first quarter, AMD had grabbed one-quarter of the overall x86 market share, according to numbers from research firm Gartner.
With the move to the cloud, CISOs must shift priorities from operating security programs to overseeing (monitoring and auditing) outsourced cybersecurity programs.
2022 was a boon year for IT salaries. 2023 came in like a beast with layoffs, raise freezes, and ChatGPT, but that beast has few teeth.
Age is only a number. Don't let a high number cancel your career.
