(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

Advanced Micro Devices (AMD) reported stronger-than-expected first-quarter financial results. Shares of AMD soared 6% in after-hours trade Tuesday. The chipmaker posted adjusted earnings per share The market expects Advanced Micro Devices (AMD) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2019. Intel's stock price sank more than 6 percent in after-hours trading Thursday after the company said it annual revenue to shrink this year in the low single digits. Intel - Wikipedia 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. Tags: intel, wikipedia, View detailed financial information, real-time news, videos, quotes and analysis on Intel Corp. (NASDAQ:INTC). Explore commentary on Intel Corp. and hear what the experts at TheStreet are saying 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 Garman says some customers have seen savings of 45 percent by switching to the new servers from existing Amazon offerings powered by conventional chips.

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