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

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month