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AMD Set to Launch New Gaming GPUs as Sales Tumble


While much of the attention was on Advanced Micro Devices' (NASDAQ: AMD) artificial intelligence (AI) efforts when the chip company reported second-quarter results on Tuesday, gaming remains an important business. AMD competes with market leader Nvidia and new entry Intel in the gaming GPU market and has been losing ground in recent quarters.

AMD's graphics card unit market share fell to 12% in the first quarter of this year, cut in half from the prior-year period. Nvidia dominated with an 84% share, while Intel made inroads with a 4% share.

The overall market for gaming GPUs is weak right now. Total GPU shipments tumbled 38.2% year over year in the first quarter.

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Source Fool.com

Advanced Micro Devices Inc. Stock

€134.20
-0.120%
The price for the Advanced Micro Devices Inc. stock decreased slightly today. Compared to yesterday there is a change of -€0.160 (-0.120%).
With 87 Buy predictions and 2 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 176 € shows a positive potential of 31.15% compared to the current price of 134.2 € for Advanced Micro Devices Inc..
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