AMD Needs to End 2019 With a Bang
Advanced Micro Devices (NASDAQ: AMD) has launched a solid slate of new products this year, including its third-generation Ryzen PC CPUs and a pair of competitive mid-to-high-end graphics cards. Also coming this year is the second generation of AMD's EPYC server CPUs, which will help the company continue to chip away at Intel's dominant market share.
Despite successful product launches, AMD cut its full-year guidance when it reported its second-quarter results. The company now expects to produce mid-single-digit revenue growth for the year, down from a previous expectation of high single-digit growth. Weakness in the semi-custom business, particularly game console chips, led AMD to reduce its outlook.
Image source: AMD.
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