Advanced Micro Devices forecasts current-quarter revenue above estimates- Technology News, Firstpost

(Reuters) – Chip designer Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, betting on strong demand for its chips used in data centers and personal computers.

The company projected second-quarter revenue to be about $3.6 billion, plus or minus $100 million, compared with analysts’ estimates of $3.29 billion, according to Refinitiv IBES data.

(Reporting by Chavi Mehta in Bengaluru; Editing by Aditya Soni)

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