Kif Leswing / CNBC:
AMD reports Q1 revenue down 9% YoY to $5.35B, vs. $5.3B est., a $139M net loss, Client revenue down 65% YoY to $739M, and Q2 guidance below est.; AMD drops 5%+ — – AMD’s report comes as the PC industry is in a deep slump, with shipments dropping 30% in the first quarter, according to IDC.
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