AMD's PC Business Crashes Back to 2017

AMD's PC Business Crashes Back to 2017

2017 was a pivotal year for Advanced Micro Devices (NASDAQ: AMD). After years of shipping inferior CPUs and losing badly to rival Intel (NASDAQ: INTC), the company launched the first iteration of its blockbuster Ryzen chips. Unfortunately for AMD, the PC market is going through a historic downturn at the exact same time that Intel is aggressively pursuing a comeback of its own.