AMD lowers 4Q revenue expectations

by Hilbert Hagedoorn on: 12/05/2008 12:34 PM | source: | 0 comment(s)

I guess this will be the same for pretty much any technology related manufacturer.

Advanced Micro Devices (AMD) announced today that their fourth-quarter revenue would be much weaker due to widespread weakness particularly among customers. Shares have recovered much of the 8percent premarket drop, but investors and analysts are seemingly unfazed. Cody Acree, an analyst with Stifel Nicolaus said,

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