AMD squeezes through Q3, thanks to cloud and gaming

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AMD squeezes through Q3, thanks to cloud and gaming
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Thanks to 'resilient' American cloud plus games consoles, AMD squeezes into winter

AMD's PC chip sales plunge was more than double the decline experienced at Intel, percentage wise.

Despite the dive in revenue, Su expressed optimism that the company's new and upcoming chips would find favor in the PC market: AMD's other businesses did better. The company's gaming segment growing 14 percent year-over-year to $1.6 billion, thanks to higher game console chip sales against"lower graphics revenue." As for the embedded segment, AMD said sales went up by 1,549 percent to $1.3 billion, which would be a mind-boggling growth rate except for the fact that this represents the business AMD brought in through its Xilinx acquisition.

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