AMD forecasts Q4 revenue below estimates as supply chain constraints weigh

This was originally published on post
Advanced Micro Devices on Tuesday forecast fourth-quarter revenue just shy of estimates as supply chain constraints hamper its ability to meet strong demand for AI chips, while the PC market grows more slowly than some investors expected. Shares of the Santa Clara, California-based company fell 5% in extended trading. The stock has risen about 10% so far this year.