(Reuters) – Advanced Micro Devices on Thursday forecast first-quarter revenue below Wall Street estimates on fears of fewer orders due to worsening PC demand and slowing data center market.
The company forecast current-quarter revenue of $5.3 billion, plus or minus $300 million. Analysts on average expected revenue of $5.48 billion, according to Refinitiv data.
(Reporting by Chavi Mehta in Bengaluru; Editing by Anil D’Silva)