AMD forecasts fourth-quarter revenue below estimates
© Reuters. A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo) forecast fourth-quarter revenue below Wall Street estimates on Tuesday, hurt by a weak gaming market as well as a decline in demand from some industries for its programmable chips.
The company forecast current-quarter revenue of about $6.1 billion, plus or minus $300 million. Analysts polled by LSEG expect revenue of $6.37 billion.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.
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