AMD To Miss Q3 Guidance By $1.1B On Weak PC Market But Gaming And DC Remain Strong

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AMD To Miss Q3 Guidance By $1.1B On Weak PC Market But Gaming And DC Remain Strong
AMD shared a preliminary accounting of its third quarter revenue, which it now projects to be $5.6 billion. That’s a $1.1 billion downward adjustment compared to its previous guidance of $6.7 billion (plus or minus $200 million). AMD CEO Dr. Lisa Su attributed the $1.1 billion guidance miss primarily on a “significantly” weakened PC market

Source: Hot Hardware – AMD To Miss Q3 Guidance By .1B On Weak PC Market But Gaming And DC Remain Strong