AMD Grabs 33% of Server CPU Market and Prepares for Major Processor Launch: Report

Published on 28 May 2024 on Benzinga via Yahoo Finance

AMD Grabs 33% of Server CPU Market and Prepares for Major Processor Launch: Report

Advanced Micro Devices, Inc (NASDAQ:AMD) claims it holds a 33% share in the server CPU market as it prepares to launch its next-gen “Turin” processors and unveils a GPU roadmap following the MI300 product line, the Register reports.

During the JP Morgan Global Technology, Media, and Communications conference, Jean Hu, AMD’s CFO, highlighted the company’s growth in servers, CPUs, and GPUs. The stock is trading higher on Tuesday.

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AMD Grabs 33% of Server CPU Market and Prepares for Major Processor Launch: Report

NASDAQ.ARM price evolution

NASDAQ.AMD price evolution

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