A few days ago, the U.S. stocks semiconductor chip stocks across the board plunged, including chip stocks in the IT sector fell more than 4%, while chip stocks in AMD is a plunge of nearly 14%.
According to AMD announced preliminary financial results for the third quarter, AMD's third-quarter revenue is expected to be about $5.6 billion (about $39.8 billion), an increase of 29% year-on-year. But this performance is much lower than previously expected, AMD previously said Q3 quarter revenue is expected to grow about 55% year-on-year.
The reason given by AMD for the decline in performance is that "macroeconomic contraction led to less than expected sales in the traditional PC consumer market, accompanied by a large inventory in the supply chain, so the overall market is not very enthusiastic about the installation, resulting in a significant reduction in processor shipments."
The report also noted that the company's processor shipments were significantly lower due to weaker-than-expected PC market and inventory backlogs in the supply chain, and that revenue from the personal user (Client) segment was lower than expected, falling 53 percent sequentially and 40 percent year-over-year.
Previously, prior to the release of the report, AMD had expected to bring in $6.7 billion in revenue, but revenue will be $1.1 billion lower than expected, now at $5.6 billion, mainly due to a decline in desktop and notebook computer CPU sales.
It is reported that a report by market research firm Canalys shows that the U.S. economy is facing a looming recession and high inflation, making shipments to the U.S. PC market fall by more than 20% year-on-year in the second quarter of this year.
source：icspec
Abonnieren fuer regelmaessige Marktupdates.
Bleiben Sie auf dem neuesten Stand der Branchentrends, indem Sie unseren Newsletter abonnieren. Unser Newsletter ist Ihr Zugang zu erstklassiger Marktexpertise.
Micron will get $6.1 billion in US Chips Act grants to help build fabs in New York and Idaho. Senator Chuck Schumer of New York announced the award and said the money would go towards building two fabs in New York by 2030 and o
Earlier today TSMC announced Q1 revenue up 12.9% y-o-y at $18.87 billion and profit up 8.9% y-o-y at $6.96 billion. Compared to Q4, the Q1 revenue was down 5.3% and net income was down 5.5%. Gross margin for the
The Q1 smartphone market grew 7.8% q-o-q to 289.4 million units, says IDC. It was the third consecutive quarter of market growth, Notes: • Data are preliminary and subject to change.
2023 sales of semiconductor manufacturing equipment fell 1.3% to $106.3 billion from 2022’s record $107.6 billion, says SEMI. China was the biggest market, growing 29% y-o-y to $36.6 billion, followed by Korea whi
TSMC had Q1 revenue up 16.5% y-o-y at $18.54 billion up from $16.72 billion Q1 2023. For March, TSMC had revenues that were 34.3% up y-o-y and 7.5% up m-o-m at $6.2 billion. It was the biggest m-o-m rise since Nove
After two years of decline, the worldwide traditional PC market returned to growth during the first quarter of 2024 (1Q24) with 59.8 million shipments, growing 1.5% year over year, according to IDC RECOMMENDED ARTICLESHMI claim
