AMD looks for new revenue, looks to telekom and storage

Advanced Micro Devices announced Monday an intention to increase revenue by selling its existing Opteron server processor to companies that make storage, medical imaging, and communications equipment.

AMD, based in Sunnyvale, California, made the announcement during the Embedded Systems Conference in San Francisco this week. The embedded processors typically are defined as chips used for any electronics gadgets and equipment except computers and servers. AMD said it's interested in the high-end embedded market.

Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.