AMD Victim of a Bad Blow at a Very Bad Time

The list of difficulties for Advanced Micro Devices (AMD)  (AMD) – Get Advanced Micro Devices Inc. Report goes on. 

And it must be said that the semiconductor manufacturer did not need that. 

Indeed, AMD has been grappling with questions about consumer demand for its products for several months now as recession fears intensify. Indeed if AMD recorded a 22% increase in its revenues to $5.9 billion in the first-quarter compared to the fourth quarter of 2021, the firm’s net profit fell by 19% from one quarter to another to $786 million. 

Source: https://www.thestreet.com/technology/amd-victim-of-a-bad-blow-at-a-very-bad-time?puc=yahoo&cm_ven=YAHOO&yptr=yahoo