AMD wins nearly a third of processor market, Arm's climb slows, analyst report

Advanced Micro Devices Inc has captured nearly a third of the market for central processor units while British chip technology firm Arm Ltd's rise in the PC market slowed in the fourth quarter of 2022, according to an analyst report.

The results came amid what Mercury Research President Dean McCarron said in the report was the worst downturn in the PC chip market since the 1980s and possibly the worst in the industry's history. After snapping up PCs and laptops for working from home during the pandemic, consumers and businesses have slowed their purchases amid rising inflation and economic uncertainty.

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