AMD CEO Cautious on Predicting 2021 PC Demand Trends

Advanced Micro Devices set quarterly records in Q3 notebook PC processor unit shipments and revenue as “OEM sell-through doubled year over year,” said CEO Lisa Su on a Tuesday investor call. More than 105 AMD-based notebook models have launched in 2020 “as we expand our presence in segments like gaming, commercial and education, where we have traditionally been under-represented,” she said. “The PC market environment is strong. If you look at all the work-from-home, schools-from-home trends, I think that has certainly helped this year.” But “as we look into the first half of the year, it's a little bit early to be specific about 2021,” she said. As it reported Q3, the company announced it's buying Xilinx for about $35 billion in stock.