According to the report, AMD's client CPU and GPU shipments will decline significantly next year, and its revenue is expected to decrease by 675million US dollars

Recently, it was reported that with the impact of inflation and the uncertain economic outlook, the demand of consumer electronics market is slowing down rapidly, and NVIDIA, AMD and apple all plan to cut orders in TSMC. Echoing the investigation reports of relevant institutions and investment companies, it seems that the situation in the future is not optimistic.

According to Seeking Alpha, the latest report of northland, an investment company, said that AMD's CPU and GPU shipments for client PCs will decline significantly next year, but the semi customized business is still booming, and the SOC shipments used by Playstation and Xbox platforms will continue to grow.

Analysts estimate that AMD's CPU (including desktop and mobile platforms) revenue will fall by 6% year-on-year in 2023, and GPU revenue will fall by 7% year-on-year, totaling about $675million. At the same time, Xilinx's revenue will also fall by 6% year-on-year. Contrary to these figures, the revenue of game console related businesses will increase by 8% year-on-year, which also reflects that the sales of game consoles will increase by about two times in the third year of their life cycle. In addition, AMD will still perform well in the enterprise market. Its revenue in 2023 will increase by 55% year-on-year to about US $3.1 billion, which largely offsets the decline in revenue in other market segments.

Although analysts from Northland raised the evaluation of AMD's stock to "outperform the market", they lowered its target share price to $95, which also reflects the concerns of investment institutions about the global economic recession. After the closing on July 1, 2022, AMD's share price was $73.670, its lowest level in the past year. In the past six months, AMD's share price has fallen by nearly 50%, similar to that of its competitor NVIDIA