(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

The cryptocurrency boom has all but dried up for chipmaker AMD. After seeing an unexpected boost from the crypto craze earlier this year — which led to graphics cards flying off the shelves Advanced Micro Devices' (NASDAQ: AMD) latest Ryzen central processing units (CPUs) and EPYC server chips proved to be a thorn in the flesh for Intel (NASDAQ: INTC) last year. Intel was founded in Mountain View, California, in 1968 by Gordon E. Moore (of "Moore's law" fame), a chemist, and Robert Noyce, a physicist and co-inventor of the integrated circuit. Techmeme The essential tech news of the moment. Technology's news site of record. Not for dummies. Tags: techmeme, Steve's offers personalised service and his alert accuracy is highly commendable. Made a recent gain of 129% from AAPL Calls thanks to him. Will not hesitate to recommend optionsplayers.com for those who wants to learn Ultra Clean Holdings Inc. stock price, stock quotes and financial overviews from MarketWatch. Ryzen Mobile Rises to 12nm 's U-Series and H-Series Laptop Processors Boost Clock Speeds. Amid flat laptop shipments, PC vendors hope gaming notebooks will attract more users willing to pay higher prices for higher performance.

Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.