AMD revenue forecast disappoints as crypto demand wanes

AMD revenue forecast disappoints as crypto demand wanes

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-amd-results/amd-revenue-forecast-disappoints-as-crypto-demand-wanes-idUSKCN1MY2W9

Advanced Micro Devices Inc on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker wrestled with waning demand from cryptocurrency miners for its high-margin graphic processors, sending its shares down 22 percent.

AMD revenue forecast disappoints as crypto demand wanes

Oct 24, 2018, 11:16pm UTC
https://www.reuters.com/article/us-amd-results/amd-revenue-forecast-disappoints-as-crypto-demand-wanes-idUSKCN1MY2W9 >Advanced Micro Devices Inc on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker wrestled with waning demand from cryptocurrency miners for its high-margin graphic processors, sending its shares down 22 percent.