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AMD Lowers Q3 Sales Forecast

AMD revenue for the quarter ended Sept. 25 would be down from 1% to 4% from the $1.65 billion in revenue reported for the previous quarter. AMD says it expects revenue to be up “seasonally” for the third quarter. Intel has also cut its third quarter revenue forecast because of lower-than-expected sales of processors for consumer PCs. AMD reports third quarter earnings Oct. 14; Intel last month said revenue would be between $11 billion and $12 billion.”]

Source: https://www.darkreading.com/database-security/amd-lowers-q3-sales-forecast

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