AMD hopes for rebound in the second half of the year as Q2 profits plunge 94%

Don't worry, AI will fix everything, predicts CEO Lisa Su

AMD crawled back to profitability in the second quarter of 2023, reporting net income of $27 million – a drop of 94 percent from this time last year, but a sight better than the $139 million loss the chipmaker sustained in Q1.…

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