REVISED OUTLOOK: The company warned in April that it expected weak demand for personal computers to continue for some time as original equipment manufacturers focus on lean inventories.
US chipmaker Advanced Micro Devices Inc lowered its revenue estimate for the second quarter, below analysts' average expectation, saying the demand for personal computers was weaker-than-expected.
AMD's shares fell as much as 15% to US$2.10 (RM8) in extended trading, after the company also cut its adjusted gross margin forecast for the quarter ended June 27.
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