AMD’s China Concerns Overshadow Upbeat Sales Forecast for AI
By
Neha Kumari
Advanced Micro Devices Inc., the second-largest maker of artificial intelligence processors, warned that its return to the crucial China market remains a work in progress, overshadowing a generally upbeat forecast for its AI business.
As part of its quarterly earnings report on Tuesday, AMD declined to predict Chinese sales of its Instinct MI308, an AI processor that it designed for the Asian country.
