AMD reported very strong earnings for the first quarter of 2020, though AMD executives acknowledged that lower consumer spending may offset the strong demand for its Ryzen CPUs and Radeon GPUs as the year progresses.
AMD provided important context into how the coronavirus pandemic is affecting the technology industry, providing a counterpoint to rival Intel’s earnings last week. Chief executive Lisa Su said that AMD has already seen strong demand in the work-from-home category, specifically notebooks. It’s unclear, however, whether that demand will slow if the economy continues to be hit hard.
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