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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