Advanced Micro Devices on Monday lowered its revenue guidance for the quarter citing slow demand for its accelerated processing units by end-users and PC makers. The company expects its revenue and profitability to be lower than originally anticipated. AMD claims that its sales in Q2 will be approximately 8 percent lower …
Read More »AMD posts higher revenue for the quarter, but still loses money
Advanced Micro Devices this week reported its financial results for the second quarter of 2014. The company did not manage to take advantage of corporate PC replacements, like its rival Intel did, but sales of chips for video game consoles allowed the firm to post rather significant increase in revenue compared …
Read More »