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The reason for this disappointing drop was also a major decline in personal computer sales.
AMD’s net income has plummeted down 118% compared with 2022.
Windows Central’s take
It’s been a bad few years for computer tech companies.
This has improved over the last few months but is still causing problems in certain sectors.
There has been a major decrease in consumer spending in all areas, not just tech.
In some areas, the need for consumer computers is also diminishing.
We have tablets and smartphones that now perform tasks that used to be specifically handled by laptops and computers.
We’ve seen both AMD and Intel producing components for mobile devices already.
