And it’s not the only company to issue such a warning. The chip company said it expects revenues will be $1 billion lower like its already soft estimates for the quarter.Īccording to AMD, the PC market was weak during this period, which explains the lower expected revenue. This data comes from Advanced Micro Devices (NASDAQ: AMD) and is linked to the future earnings report. Token stocks are trading lower on Friday after recent data from a major player spooked investors.
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