Bookmark and Share


Advanced Micro Devices late on Thursday updated its quarterly guidance and said that instead of revenue increase, it would see sequential decrease of revenue. The company blamed slow sales of notebooks in mature markets for its problems.

AMD now expects revenue for the quarter ending September 25, 2010 to be in the range of down 1% - 4% as compared to revenue of $1.65 billion for the quarter ended June 26, 2010. The sequential decrease is due to weaker than expected demand, particularly in the consumer notebook market in Western Europe and North America.

Late last month Intel Corp., the larger rival of AMD, also decreased outlook for the third quarter also as a result of " weaker than expected demand for consumer PCs in mature markets".

"We continue to expect semis to grind lower despite the much anticipated cut to Q4, yet do believe PC exposed names are likely a relatively better place to hide for those that need to be invested in semis. We believe AMD and Intel management are still looking for growth in Q4, yet our checks suggest visibility remains low and business trends are still very soft," brokerage Jefferies & Co said in a note, reports International Business Times.

AMD will report third quarter 2010 results after market close on October 14, 2010.

Tags: AMD, Business


Comments currently: 2
Discussion started: 09/26/10 01:56:48 PM
Latest comment: 09/27/10 09:48:07 AM
Expand all threads | Collapse all threads


Why not use this opportunity to make a NetTop that would put Intels to shame?

When opportunity knocks...answer the door!
0 0 [Posted by: fdunn  | Date: 09/26/10 01:56:48 PM]
- collapse thread

That's what they're trying with zacate / bobcat, but it wont be out till christmas.
0 0 [Posted by: cashkennedy  | Date: 09/27/10 09:48:07 AM]


Add your Comment

Related news

Latest News

Wednesday, November 5, 2014

10:48 pm | LG’s Unique Ultra-Wide Curved 34” Display Finally Hits the Market. LG 34UC97 Available in the U.S. and the U.K.

Wednesday, October 8, 2014

12:52 pm | Lisa Su Appointed as New CEO of Advanced Micro Devices. Rory Read Steps Down, Lisa Su Becomes New CEO of AMD

Thursday, August 28, 2014

4:22 am | AMD Has No Plans to Reconsider Recommended Prices of Radeon R9 Graphics Cards. AMD Will Not Lower Recommended Prices of Radeon R9 Graphics Solutions

Wednesday, August 27, 2014

1:09 pm | Samsung Begins to Produce 2.13GHz 64GB DDR4 Memory Modules. Samsung Uses TSV DRAMs for 64GB DDR4 RDIMMs

Tuesday, August 26, 2014

10:41 am | AMD Quietly Reveals Third Iteration of GCN Architecture with Tonga GPU. AMD Unleashes Radeon R9 285 Graphics Cards, Tonga GPU, GCN 1.2 Architecture