Xbox, PCs and gaming drive AMD and Microsoft’s earnings

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Microsoft’s Xbox was the thread signing up with Microsoft and AMD on Wednesday, as both companies reported stellar quarterly earnings and profits that benefited from the “stay at house, play at house” pandemic experience.AMD continued to benefit from the rabid need for its ingrained console processors as well as its GPUs and CPUs for the PC, as the chip business reported profits that skyrocketed about 450 percent, from $390 million a year back, to $1. More tellingly, AMD predicted that profits for the current very first quarter would be about flat, at $3.2 billion– proof that need, and income, would continue.To read this article in complete, please click here
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