Tuesday, October 29, 2019

AMD Issues Q4 Guidance - Quick Facts

Advanced Micro Devices, Inc. (AMD) announced, for the fourth quarter of 2019, the company projects revenue to be approximately $2.1 billion, plus or minus $50 million, an increase of approximately 48 percent year-over-year. The company said the year-over-year increases are expected to be driven by an increase in Ryzen, EPYC and Radeon product sales. AMD expects non-GAAP gross margin to be approximately 44 percent in the fourth quarter of 2019.

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