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AMD Cuts Revenue Forecast Amid Worst Slump in PC Shipments in Years

AMD said sales in the third quarter are expected to be down 15% from the prior quarter, though up 29% from the year-ago period.

“The PC market weakened significantly in the quarter,” AMD Chief Executive Lisa Su said. “While our product portfolio remains very strong, macroeconomic conditions drove lower-than-expected PC demand and a significant inventory correction across the PC supply chain,” she added.

Intel posted a loss in the second quarter on its biggest revenue decline in more than a decade.

Qualcomm is also cutting its forecast.

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Oster1 · M

More people are using a phone and tablets, world wide.

Northwest · M

More people are using a phone and tablets, world wide.

These chips are used in phones and tablets as well. Qualcomm is on that list as well.

Oster1 · M

@Northwest I understand, but saw blame, on the PC market, no?

Northwest · M

but saw blame

I don't know what this means.

Oster1 · M

@Northwest Yeah, you do. Blame placed*

Northwest · M

Yeah, you do. Blame placed*

Not really.

Oster1 · M

@Northwest Have a nice evening.🙄

Northwest · M

@Oster1 Come back if you ever start making sense.

Oster1 · M

@Northwest I did. It's OK.

Northwest · M

@Oster1 That's when you should consider your delusions, but that's your MO here.

This message was deleted by the author of the main post.

This message was deleted by the author of the main post.