Advanced Micro Devices forecasts current-quarter revenue above estimates

  • 4/27/2021
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Chip designer Advanced Micro Devices (AMD.O) forecast second-quarter revenue above Wall Street expectations on Tuesday, betting on strong demand for its chips used in data centers and personal computers. The company projected second-quarter revenue to be about $3.6 billion, plus or minus $100 million, compared with analysts" estimates of $3.29 billion, according to Refinitiv IBES data.

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