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I looked at AMD's earnings. There's not an insatiable demand, AMD is not making a profit.

When there was a real insatiable demand for GPUs AMD actually did make money hand over fist

> Data Center segment revenue was $1.3 billion, down 11% year-over-year primarily due to lower 3rd Gen EPYC processor sales as Enterprise demand was soft and Cloud inventory levels were elevated at some customers.

https://ir.amd.com/news-events/press-releases/detail/1146/am...

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