Tech & Science Chip deficiency: AMD lays growth jump
China growth slides to 4.9% in third quarter
China's economic growth tumbled more than expected in the third quarter, official data showed Monday, as the property sector struggled with tighter policy measures and an energy crisis loomed. After a swift coronavirus bounceback, recovery in the world's second-biggest economy is losing steam, with gross domestic product growth coming in at 4.9 percent on-year, said the National Bureau of Statistics (NBS), citing an "unstable and uneven"After a swift coronavirus bounceback, recovery in the world's second-biggest economy is losing steam, with gross domestic product growth coming in at 4.9 percent on-year, said the National Bureau of Statistics (NBS), citing an "unstable and uneven" domestic rebound.
AMD navigates with strong growth through the global semiconductor bottlenecks. The chip concier even corrects its sales forecasts for the entire year.Last quarter, the smaller Intel competitor increased sales year-on-year sales by 54 percent to $ 4.3 billion (3.7 billion euros). When winning, there was even a jump from $ 390 to $ 923 million, as AMD announced after US stock exchanges on Tuesday.
For the entire year, AMD now expects a 65 percent sales increase. In January, the company had increased only a growth of 37 percent.
China's growth comes clearly to the stick
China was able to overcome the Corona pandemic relatively quickly, but the prospects are increasingly being thrilled. The golden growth times are past for the Red Dragon for the time being. © Andy Wong / AP Photo / Picture Alliance Provided by Deutsche Wave Rising raw material prices, supply bottlenecks and power failures brakes off in the third quarter of China's economy. Gross domestic product (GDP), according to the State Statistics Office, rose by 4.9 percent from Monday from Monday July to
•rising turnover through chips for game consoles
For AMD, in the third quarter,. Sales in the area rose by around 69 percent to 1.9 billion dollars. The division threw an operational profit of $ 542 million - after 141 million a year earlier.
The AMD business with processors as well as graphics chips for computers and servers in data centers grew by around 44 percent to about 2.4 billion dollars. It introduced an operating result of $ 513 million, which was a good third more than in the same quarter of the previous year.
In the Corona pandemic, working and learning from home from the demand for notebooks and desktop computers as well as servers for data centers increased sharply. That was a blessing for the computer industry - but also had the consequence that some chips were very scarce. This has been particularly difficult for months, the car industry suffers, in which several manufacturers had to expose production.also competition struggles with chip deficiency
but also the AMD competitor Intel was braked by the chip deficiency in the past quarter. While his own processors were in demand, manufacturers were able to build less notebooks because of the lack of other components. Thesales, which includes PC chips business, fell by two percent over the past quarter. With $ 9.7 billion, it was still more than twice as high as the quarterly revenues of the entire AMD Group. dpa x1
Euro zone: GDP growth in the third quarter estimated at 2.2% .
Zone-Euro-Economy-GDP: Euro zone: GDP growth in the third quarter estimated at 2.2% © Reuters / CLODAGH KILCHOYNE Euro zone: GDP growth in the third quarter estimated at 2.2% Brussels (Reuters) - Economic growth in the euro area has been more sustained than anticipated in the third quarter and has reached its highest pace from a Year thanks to the lifting of numerous health restrictions related to the CVIV-19 epidemic, shows the first estimate of the gross domestic product (GDP) published on Fr