AMD’s Weak Q4 Forecast Drops Stock 7% – What’s Behind the Decline?

AMD’s Dim Q4 Forecast Leads to 7% Stock Drop in Post-Market Trading AMD shares plunged by 7% in after-hours trading following its fourth-quarter forecast, which heightened investor worries about constrained semiconductor supply impacting earnings and revenue targets. For the third quarter, AMD achieved $6.82 billion in revenue and $0.92 in adjusted EPS, surpassing analyst predictions.

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