AMD Q3 Gaming Segment Revenue $1.5B, Down 8% YoY
Portfolio Pulse from Benzinga Newsdesk
AMD's Q3 gaming segment revenue was reported at $1.5 billion, marking an 8% decrease year-over-year.
October 31, 2023 | 8:18 pm
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NEGATIVE IMPACT
AMD's gaming segment revenue for Q3 has decreased by 8% YoY, which could potentially impact the company's stock negatively in the short term.
The decrease in AMD's gaming segment revenue indicates a slowdown in one of its key business segments. This could potentially lead to a negative sentiment among investors, thereby putting downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100