AI drives growth for hardware OEMs, plus new AMD Ryzen processors and a new Asus laptop

AMD announces new Ryzen processors

Chipmaker AMD unveiled its next generation of processors at Computex 2024. The new AMD Ryzen AI 300 Series processors are built on AMD’s new XDNA 2 architecture and feature what AMD claims is the “world’s most powerful Neural Processing Unit (NPU)” to power AI PC laptops. For desktop computers, AMD also announced the new Ryzen 9000 Series processors built on the company’s latest Zen 5 architecture.

(Image: AMD.)

(Image: AMD.)

Nvidia’s profits soar

Nvidia reported that its first quarter revenue is up 17.8% from the previous quarter, amounting to $26 billion with $15 billion in profit. CEO Jensen Huang said in a statement that the company’s data center growth was due to “strong and accelerating demand for generative AI training and inference on the Hopper platform.” With Hopper making way for Nvidia’s recently announced Blackwell platform, Huang added that the company is “poised for our next wave of growth.”

Asus ExpertBook P5 to bring AI to business laptops

Asus announced the ExpertBook P5, the flagship laptop of the company’s new Expert P series of business-focused AI PCs. The ExpertBook P5 will include an Intel Core Ultra processor and feature a 14-inch, 2.5K display. Full specs will be available on the laptop’s launch in Q3 of this year.

The Asus ExpertBook P5. (Image: Asus.)

The Asus ExpertBook P5. (Image: Asus.)

Dell revenue reflects AI growth

Dell detailed the results of its first 2025 fiscal quarter, which saw a 6% year-over-year increase to $22.2 billion in revenue. In the company’s press release, Dell CFO Yvonne McGill pointed to AI as a driver of new growth for the company.

Lenovo and Cisco partner for digital transformation

Lenovo and Cisco announced a strategic partnership to accelerate digital transformation that aims to “deliver fully integrated infrastructure and networking solutions.” The companies say they’ll work together to design and engineer turnkey solutions that will help customers advance their AI capabilities from edge to cloud.

HP looks to grow profits in AI and hybrid era

HP announced that its fiscal 2024 Q2 revenue was $12.8 billion, down 0.8% year-over-year. HP president and CEO Enrique Lores said in a statement that the company is “well positioned” for profitable growth, thanks in part to new solutions “designed for the AI and hybrid era.”

Written by

Michael Alba

Michael is a senior editor at engineering.com. He covers computer hardware, design software, electronics, and more. Michael holds a degree in Engineering Physics from the University of Alberta.