Trending: Advanced Micro Devices Warns of Revenue Shortfall
October 07 2022 - 10:38AM
Dow Jones News
10:08 ET -- Advanced Micro Devices Inc. is one of the most
talked about companies in the U.S. across all news items in the
last 12 hours, according to Factiva data. The chip maker warns that
third-quarter sales will fall more than $1 billion shy of its prior
forecast, coming in at around $5.6 billion, amid
weaker-than-expected demand for personal computers. AMD shares
slide 8%. Dow Jones & Co. owns Factiva.
(colin.kellaher@wsj.com)
(END) Dow Jones Newswires
October 07, 2022 10:23 ET (14:23 GMT)
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