AMD's record $6.6B revenue keeps 'high-end' RDNA 3 GPUs and Ryzen 7000 CPUs on track for launch this year

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AMD's record $6.6B revenue keeps 'high-end' RDNA 3 GPUs and Ryzen 7000 CPUs on track for launch this year
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With AMD still making 💰the new GPU and CPU launches are pretty safe.

Its consumer facing business continues to be the company's main earner, however. That includes both desktop and notebook CPUs; with operating income up 26% year-on-year to $676 million. AMD cited strong sales of its mobile Ryzen CPUs as a major contributor.

Despite the seemingly good news, AMD was downbeat about the outlook for the rest of the year. It believes that softening demand and inventory build-up could negatively impact its financial position. This is a common theme among tech companies in 2022. For now, AMD is in a strong position but whether it will stay that way depends on the ball and chain of the global economy and whether its products are competitive. If Intel's execution issues continue, then AMD could find itself stealing even more market share from Intel.Chris' gaming experiences go back to the mid-nineties when he conned his parents into buying an 'educational PC' that was conveniently overpowered to play Doom and Tie Fighter.

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