People aren’t buying as many computers, and chipmakers are getting hit hard — but AMD thinks that should improve long before the year is out. “The first quarter should be the bottom for us in PCs,” AMD CEO Lisa Su said today on the company’s Q4 2022 earnings call.
Su predicts that the total addressable market for PCs will shrink 10 percent this year, down to around 260 million units. (IDC reported this month that 292.3 million PCs shipped in 2022, and both IDC and Gartner suggested it might take until 2024 to recover.) Su says AMD is expecting “a softer first half and a stronger second half.”
While AMD is predicting that both its client processor and gaming revenue will continue to drop next quarter — even as its new Ryzen 7000 desktop…
