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AMD shares fall more than 13% on weak outlook, dragging other chipmakers down

AMD shares fall more than 13% on weak outlook, dragging other chipmakers down

Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019.

David Paul Morris | Bloomberg | Getty Images

AMD shares were down 13.9% on Friday as investors digest the company’s disappointing preliminary third-quarter results Thursday that were well below its initial…


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NYT

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