AMD Shares Dropped By 5.35% This Week

AMD is well known processor manufacturing company in market. AMD Currently facing drop in shares.

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AMD share dropped by 5.35% this week. The current Price of a single share is at $64.22.

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AMD sees less revenue than previous year of $6.7 billion plus. The company is in this situation due to weaker Client segment revenue.

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Although, AMD CEO Dr. Lisa Su revealed that Market is going significantly in third quarter.

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The company is aiming to launch upcoming 5nm Processor. The stock price might be up after some time.

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According to reports, AMD is 52-week high of $164.46 and a 52-week low of $62.83.

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CEO Lisa Su added that The company is focusing on value of product not on stock price.

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