cross-posted from: https://lemmy.ca/post/2431489
Advanced Micro Devices reported that revenue in its second quarter was $5.36 billion, down 18% from a year earlier as the client PC market continues to climb back during the economic downturn. But investors took the report as good news, as AI-related stocks such as AMD, which makes the processors and graphics processing units (GPUs) used in AI machines, are riding on high demand for AI.
What does it matter if they are still making a profit? Fuck this society
Useful comment, especially since they are basically breaking even
Well said. I am tired of seeing people and companies freaking out because they made 10 millions dollars profit, but it was one buck less than last year.
Sir, this is a corporation.