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AMD's shares drop 24% after Q3 earnings report

Started by Redaktion, October 26, 2018, 11:21:04

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Redaktion

AMD is now feeling the full hit of the GPU-based crypto mining declined that started back in Q1. Instead of a projected US$50 million downturn in GPU sales, the red team reported losses of US$150 million, thus triggering a share drop of 24%. On the other hand, CPU sales are stronger than ever.

https://www.notebookcheck.net/AMD-s-shares-drop-24-after-Q3-earnings-report.346216.0.html

RedLion

OK. AMD. Now, can you get back your GPU engineers to their former work please, as Ryzen is now enough competitive with Intel CPUs ?

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