AMD admitted it! Intentionally selling at a high price

One of the leading names in the hardware industry AMDduring the previous two quarters on its last earnings call. CPU And GPU announced that it has stopped its shipments. CEO Lisa Su admitted that the company overpriced its GPUs and CPUs. However, it is unclear whether this practice will continue. Here are the details!

AMD CEO will keep implementing GPU/CPUs despite low demand

AMD made various statements to investors in its Q4 2022 earnings release. In these statements, the chips will be launched in the second half of 2022 to keep prices high and get rid of unsold inventory after the sharp fall in the computer market. insufficiently referred statements were included.

In other words, starting next quarter AMD sales will reduce. CEO Lisa Susays the market for computers and components has become slow and stagnant. Two months ago, Nvidia acknowledged that it has similar limitations for GPUs.

AMD forgot the RX 6000 series!  No driver for months.

AMD forgot the RX 6000 series! No driver for months.

AMD has released proprietary driver for Radeon RX 7900 series graphics cards. However, the update does not support the RX 6000 series.

Despite these, Nvidia did not give any information about whether they would continue with the same tactics, unlike AMD. AMD CEO Lisa Su made the following statements on the subject. “We under-shipped in the third quarter, we under-shipped in the fourth quarter. We’ll be shipping less understatements in Q1.”

In addition, Lisa Su admitted in the statement that the company overpriced its GPUs and CPUs. In addition, the CEO stated that they plan to continue this practice despite the declines in sales. This brings to mind the thought that things will cause even more negative consequences.

The hard fall in the computer market hit AMD!

These major chip manufacturers are experiencing a similar drop in demand compared to the spike in demand during the pandemic. With high prices and workers returning to offices, the demand that occurred in 2021 is no more. In addition, there is a remarkable increase in chip prices compared to previous generations. This causes a general problem in the world of technology.

So, what do you think about AMD CPU and GPU prices? Do not forget to share your views with us in the comments section! In the meantime, you can watch the video below about AMD.

YouTube video

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