AMD Makes AI Its Top Priority Across Product Portfolio

AMD is feeling the macroeconomic pain, with Q1 2023 revenues down 9.1% to $5.35bn and a $139m loss. However, the company expects the second half of 2023 to be back on track with more than 50% growth compared to the second half of 2022. AMD's CEO, Lisa Su, is focusing on getting competitive in the AI space, with the PyTorch AI framework ported to the ROCm environment for Instinct GPU accelerators. AMD is well-positioned to capitalize on the increased demand for compute based on its broad portfolio of high-performance and adaptive compute engines, deep relationships with customers, and expanding software capabilities.