Shulou(Shulou.com)11/24 Report--

CTOnews.com Feb. 1, according to the Wall Street Journal, AMD CEO Su Zifeng said on a conference call after the company announced its fourth-quarter results: "We do think the first quarter is the bottom of our PC market." "We will see some growth in the second quarter, followed by seasonal growth in the second half of the year," Mr Su said. "

PC shipments have fallen sharply after a surge in the early stages of the epidemic. PC shipments fell 28.5% in the last quarter of last year, the biggest drop since the company began tracking the market in the 1990s, according to research firm Gartner.

CTOnews.com learned that AMD today announced the company's fourth quarter and full-year results for fiscal 2022. AMD's fourth-quarter revenue was $5.599 billion (currently about 37.793 billion yuan), up 16 percent from $4.826 billion a year earlier, while net profit was $21 million (currently about 142 million yuan), down 98 percent from $974 million a year earlier, according to the report Adjusted net profit, not in accordance with GAAP, was $1.113 billion (currently about 7.513 billion yuan), roughly unchanged from $1.122 billion a year earlier.

AMD's fourth-quarter revenue and adjusted earnings per share beat Wall Street analysts' expectations, and revenue for the full year of fiscal 2022 also exceeded expectations, but adjusted earnings per share fell slightly below analysts' expectations. In terms of performance outlook, AMD's outlook for revenue in the first quarter of fiscal 2023 fell short of analysts' expectations. AMD shares rose more than 3 per cent in after-hours trading after the announcement.

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