AMD forecasts first revenue drop in seven quarters, shares plummet

AMD forecasts first revenue drop in seven quarters, shares plummet

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.reuters.com/article/us-amd-results/amd-forecasts-first-revenue-drop-in-seven-quarters-shares-plummet-idUSKBN1CT2XH

Advanced Micro Devices Inc on Tuesday flagged competitive pressures with a forecast that pointed to the first revenue drop in seven quarters, sending the chipmaker's shares plunging 11 percent in after-hours trading.