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PC market recovery gathers pace as Intel, AMD tout potential of 'AI PC'

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The earnings of Intel and Advanced Micro Devices have offered more evidence a recovery is gathering pace in the personal computer market, boding well for an industry that had been grappling with a supply glut after the pandemic.

Executives at both the companies talked up the stabilizing PC market on earnings calls this week and said they expected the integration of artificial intelligence to boost growth.

In the September quarter, AMD's PC-focused business posted its strongest growth in two years. Revenue decline at Intel's PC unit was the slowest in eight quarters. PC makers have been trying to clear their inventory as they expect a boost in demand during the holiday season and ahead of an expected Windows update next year from Microsoft .

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Apple expected to unveil new Macs as PC industry slump easesApple is expected to unveil at an event on Monday new Mac computers and possibly a new chip to power them as it gears up for a fresh bout of competition against Windows-based PCs with better battery life starting next year, analysts said. The event, to be livestreamed at 8 p.m.
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