AMD lowers third quarter forecast amid weakening demand

By Matthew
Sep 23, 2010
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  1. Stagnating notebook sales have taken a toll on AMD, as the chipmaker has adjusted its revenue forecast to account for lower-than-expected sales. At the end of the second quarter, the company predicted that revenue in the following period would be "up," but that has changed. It now expects revenue for the third quarter (ending Saturday, September 25) to be between 1% and 4% lower than the $1.65 billion it reported in the second quarter.

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