Desktop CPU shipments down, notebook not too much

AMD reported a drop in revenue and an operating loss of $150 million in Q1’23, primarily due to underperformance in its Client segment and amortization of acquisition-related intangible assets. Client revenue declined 65% year over year to $739 million, but AMD believes that the first quarter was the bottom for its client processor business. The company’s processor shipments were down by 6.8%, with desktops seeing a significant drop, while notebooks experiencing a less dramatic decline. Intel’s Q1’23 results were similar, with a significant drop in desktop processors and a less dramatic decline in notebooks. While the desktop market is not