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The Wall Street Publication > Blog > Tech > AMD Cuts Revenue Forecast
Tech

AMD Cuts Revenue Forecast

Editorial Board Published October 6, 2022
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AMD Cuts Revenue Forecast
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Advanced Micro Devices cut its revenue forecast for the most recent quarter citing weaker-than-expected demand for the personal computers that use its chips.

The chip maker, which sells central processing units for laptops and desktops alongside a large videogame graphics chip business, on Thursday said it expected about $5.6 billion of sales in the just-ended quarter, about $1.1 billion less than it previously said it was expecting when it issued a subdued outlook in August.

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