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in Tech

AMD revenue falls 18% as PC market shows continued weakness

by Editor August 1, 2023, 10:07 pm 999 Views

AMD revenue falls 18% as PC market shows continued weakness

Lisa Su displays an ADM Instinct M1300 chip as she delivers a keynote address at CES 2023 at The Venetian Las Vegas on January 04, 2023 in Las Vegas, Nevada.

David Becker | Getty Images

AMD reported a revenue decline of 18% in its

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on Tuesday and issued a forecast that trailed analysts’ estimates. Still, the stock rose more than 4% in extended trading.

Here’s how the company did:

Earnings: $0.58 per share,…

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