AMD Reduces Q3 Revenue Forecast by $1.1 Billion - Cites Weak PC Market
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Valken
What are they smoking? Let's look at those QR and see where all the previous windfall came from... hmm... GPU Crypto.... Nah... /s
Maddness
Maybe if prices of PC hardware were at an even half reasonable rate, instead of the absolute greed we are currently seeing.
Kaarme
PC market logic: Demand is weak, so let's increase prices to make it better.
Horus-Anhur
Someone send them a newspaper telling that crypto and covid restrictions are over.
Seriously, releasing such expensive CPUs and motherboards, during a recession, and increasing energy prices, was a really dumb move.
Let's hope this serves as a lesson for when AMD releases their GPUs on November 3rd.
rl66
Bo Alenkaer
Well the prices in Europe is already high due to the high price of the US Dollar. Thats atleast a price bump of 20% for EU and then add the mandatory 19-25% VAT.
Silva
No sane person is going to upgrade to Ryzen 7000, unless coming from a very old system.
And GPU prices are still absurd, at least here in Europe. Show me an RX6600 for 200€ and I know two will sell instantly. They cost almost 400€, f that.
Denial
H83
schmidtbag
Kaarme
AMD and Nvidia have 20+ years of sales statistics, market analyses, and people who are paid good wages to study and follow these things. They know, even if they pretend not to know. The only thing they can't know beforehand is when the crypto crashes. Everything else, they know.
Denial
H83
schmidtbag
Denial
bobnewels
Pryme
And AMD stocks are coming down, -11% today and still 3 hours to close the markets.
moab600
schmidtbag
bobnewels