AMD: 'In the fourth quarter, we expect to see strong growth in Data Center and continued momentum in Client, partially offset by lower sales in the Gaming segment and additional softening of demand in the embedded markets.'
Portfolio Pulse from Benzinga Newsdesk
AMD expects strong growth in Data Center and continued momentum in Client in Q4, but anticipates lower sales in the Gaming segment and further softening of demand in the embedded markets.
October 31, 2023 | 8:18 pm
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NEUTRAL IMPACT
AMD's Q4 outlook indicates growth in Data Center and Client segments, but lower sales in Gaming and softer demand in embedded markets.
AMD's Q4 outlook is mixed, with expected growth in some segments and lower sales in others. This could lead to neutral short-term price movement as investors weigh the potential impacts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100