TECH - AMD Grabs 33% of Server CPU Market and Prepares for Major Processor Launch: Report | Benzinga
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.
She noted AMD’s partnerships, such as with Microsoft Corp (NASDAQ:MSFT) for virtual machine instances running AMD MI300X GPUs in Azure cloud, and AMD’s success in achieving strong double-digit growth in server CPUs and desktop/laptop segments.
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