AMD revenue forecast disappoints as crypto demand subsides, shares plummet
Wednesday, 24 October 2018 ()Advanced Micro Devices Inc on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker faces dwindling demand from cryptocurrency miners for its high-margin graphic processors and excess inventory, sending its shares down 22 percent.
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Christia Biagas “AMD Revenue Forecast Disappoints as Crypto Demand Subsides, Shares Plummet” by REUTERS via NYT https://t.co/pEYJHxxSWR 17 minutes ago |
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