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04 Dec 08
AMD Issues Fourth Quarter Warning
[H]ardOCP:
AMD has issued a fourth quarter warning saying it anticipates lower than expected revenues.
The chip maker expects to post revenues of $1.19 billion in the quarter ending Dec. 27, excluding process technology license revenues. That’s 25 percent lower than its third quarter performance. When the company reported its third quarter results in October, the chip maker had issued a forecast that its fourth quarter revenues were expected to be flat with that performance.
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