AMD flags slow market for PCs in 2022

Advanced Micro Devices Inc Chief Executive Officer Lisa Su on Thursday flagged a slowdown in personal computers (PC) this year after two years of a “very strong PC market”.

Su, at the chip company’s analyst day, said while the downturn was natural after a long period of high, the market for high performance and adaptive computing was “great”.

Research firm Canalys said in a note last week that demand for consumer and education PC segments has further slowed due to market saturation and inflation concerns, after reporting first-quarter U.S. PC shipments underwent a third consecutive quarter of decline.