Amd Sales News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shares of the Santa Clara, California-based company fell as much as 4.6% in after-market trading but turned roughly flat after executives disclosed on a conference call the outlook for its chip to compete with Nvidia. AMD is readying a chip called the MI300X it hopes will loosen Nvidia's grip on the market for data center AI chips used to create technologies similar to ChatGPT.

AMD is set to report strong double-digit growth as it aims to deliver another record performance in 2022, but there are some headwinds appearing on the horizon.