Scaling down operations: AMD will sell 85% of its ATMP (assembly, test, mark and pack) operations in Suzhou, China and Penang, Malaysia.
Advanced Micro Devices forecast first-quarter revenue below analysts' estimates, due to lower demand for its graphic chips used in consoles and an economic slowdown in China.
Shares of the company, which is in the process of selling some of its assets to cut costs, fell about 6% to US$1.83 (RM8.03) in extended trading.
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