From Nasdaq:

AMD is launching the new Radeon RX 7600 XT graphics card to enhance gaming performance. It will feature 16GB of high-speed GDDR6 memory and outperform the NVIDIA GeForce RTX 2060. AMD also plans to release the Ryzen 8000G series desktop processors with up to eight cores and 16 threads.

Additionally, AMD has introduced the Ryzen AI and Instinct MI300 Series data center AI accelerators. It is expected to witness double-digit percentage growth in the Data Center and Client segments. AMD’s prospects remain strong, with fourth quarter 2023 revenues expected to grow by 9%, and the Zacks Consensus Estimate for fourth-quarter 2023 revenues pegged at $6.11 billion, indicating 9.2% year-over-year growth.



Read more: AMD Strengthens Portfolio With New Radeon & Ryzen Products