News

AMD Warns It Won't Meet 1Q Outlook

Advanced Micro Devices Inc. warned Monday that it was unlikely to meet its first-quarter revenue guidance of $1.6 billion to $1.7 billion, the latest in a series of disappointments for investors in the struggling chip-maker.

The company is hurting from a brutal price war with much-larger rival Intel Corp. and has been punished by investors for a product lineup that some say is in dire need of an upgrade.

Sunnyvale-based AMD did not disclose details of the revenue shortfall in a brief statement before financial markets opened Monday. CEO Hector Ruiz was expected to update the first-quarter guidance during a presentation later in the day at the Morgan Stanley Technology Conference in San Francisco.

Analysts surveyed by Thomson Financial before the warning were expecting, on average, AMD to lose 25 cents per share on revenue of $1.66 billion for the first quarter.

The company's stock fell 26 cents, or 1.8 percent, to $13.92 in early trading on the New York Stock Exchange.

 

Featured

  • Microsoft Offers Support Extensions for Exchange 2016 and 2019

    Microsoft has introduced a paid Extended Security Update (ESU) program for on-premises Exchange Server 2016 and 2019, offering a crucial safety cushion as both versions near their Oct. 14, 2025 end-of-support date.

  • An image of planes flying around a globe

    2025 Microsoft Conference Calendar: For Partners, IT Pros and Developers

    Here's your guide to all the IT training sessions, partner meet-ups and annual Microsoft conferences you won't want to miss.

  • Notebook

    Microsoft Centers AI, Security and Partner Dogfooding at MCAPS

    Microsoft's second annual MCAPS for Partners event took place Tuesday, delivering a volley of updates and directives for its partners for fiscal 2026.

  • Microsoft Layoffs: AI Is the Obvious Elephant in the Room

    As Microsoft doubles down on an $80 billion bet on AI this fiscal year, its workforce reductions are drawing scrutiny over whether AI's ascent is quietly reshaping its human capital strategy, even as official messaging avoids drawing a direct line.

Most   Popular