(Reuters) – Advanced Micro Devices Inc forecast lower quarterly revenue as a shortage of hard drives and a shaky economy hurt PC makers, sending its shares lower in after-hours trading. The PC chipmaker’s fourth-quarter adjusted earnings beat expectations, but revenue for the quarter just ended and revenue projections for the current quarter came in a bit below many analysts’ expectations. Like larger rival Intel Corp, AMD has been wrestling with slow demand for chips as consumers increasingly buy Apple Inc’s iPad instead of laptops. …

Quoted from Chipmaker AMD expects lower revenue in weak PC market on Gadgets News Headlines – Yahoo! News

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