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amd to 30-35 levels
Advanced Micro Devices Inc
amd to 30-35 levels
Oleh mo2mengaber
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3 Nov 2022
6
3 Nov 2022
The company generated revenue of $5.56 billion in the third quarter, with a year-over-year growth of 44.5%. The results are better than expected.
But net profit fell to 106 million dollars, the lowest for the past three years.
The company expects to generate $505 billion in revenue for Q4.
The company is the second largest computer manufacturer.
Due to those reasons the stock in under sell pressure and we may toward to 30 levels before we have a rebound 75 l
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