AMD Shares Dropped By 5.35% This Week
AMD is well known processor manufacturing company in market. AMD Currently facing drop in shares.
AMD share dropped by 5.35% this week. The current Price of a single share is at $64.22.
AMD sees less revenue than previous year of $6.7 billion plus. The company is in this situation due to weaker Client segment revenue.
Although, AMD CEO Dr.
revealed that Market is going significantly in third quarter.
The company is aiming to launch upcoming 5nm Processor. The stock price might be up after some time.
According to reports, AMD is 52-week high of $164.46 and a 52-week low of $62.83.
CEO Lisa Su added that The company is focusing on value of product not on stock price.
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