AMD Falls on Weak Revenue Projections, In-Line Earnings [Yahoo! Finance News]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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Source: Yahoo! Finance News
) -- Advanced Micro Devices Inc. gave a lackluster forecast for the current period, suggesting the chipmaker is benefiting less than rival Intel Corp. from the surge in spending on computing to support working from home.Second-quarter revenue will be about about $1.85 billion, Santa Clara, California-based AMD said Tuesday in a statement. That compares with the average analyst estimate of $1.88 billion, according to data compiled by . The company said it expects annual sales growth of about 25%, which also may fall short of analysts’ projections.AMD’s stock fell about 4% in extended trading. The shares, which traded at $2.87 at the end of 2015, closed at $55.51 Tuesday in New York. AMD was the best performer on the Index in 2019.AMD entered 2020 offering new products that it says outperform those from its larger rival, Intel, whose processors have dominated computing over the last decade. The chipmaker’s task of clawing back market share has been complicated by the Covid-19 pandemic,
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AMD
Earnings
- 11/4/25 - Beat
AMD
Sec Filings
- 12/4/25 - Form 144
- 12/4/25 - Form 4
- 11/28/25 - Form 4
- AMD's page on the SEC website