AMD Q1 delivers data center, AI sales surge of 80%
By unit, AMD posted record data center revenue in the first quarter of $2.3 billion, up 80% from a year ago. Growth was driven by AMD Instinct GPUs and 4th Gen AMD EPYC CPUs.
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By unit, AMD posted record data center revenue in the first quarter of $2.3 billion, up 80% from a year ago. Growth was driven by AMD Instinct GPUs and 4th Gen AMD EPYC CPUs.
AWS delivered Q1 operating income of $9.4 billion on revenue of $25 billion, up 17% from a year ago.
Every enterprise technology stack needs neutral vendors. The problem is that these neutral vendors are acquired if they become too successful. Once these neutral vendors are acquired it's all about the cross-sell game under new ownership.
The chipmaker, which is trying to catch up in AI processors, said it expects second quarter revenue between $12.5 billion to $13.5 billion, well below the $13.61 billion Wall Street expected.
Microsoft and The Coca-Cola Co. have an expanded deal as part of an emerging multi-cloud strategy. Coca-Cola also has AWS in the mix.
Constellation Research CEO Ray Wang said Infosys is facing a bevy of moving parts that the company will have to navigate. "The combination of AI arbitrage, margin compression, and exponential efficiency is having an effect on the overall market. Constellation expects that the overall service market will be flat to single digit growth for the next year," said Wang.
Broadcom has had a steady cadence of blogs that appear to be aimed at allaying VMware customer concerns.
Akamai has been steadily building out its distributed cloud infrastructure for multiple use cases including AI and machine learning workloads that require low latency near data.