Business Express

AMD Outlook Hiked Sharply, But Chipmaker Admits 7nm Capacity is Tight

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“We go on to partner carefully with TSMC to guarantee that we can fulfill our buyer demand”

Chipmaker AMD raised its whole-yr steering late Tuesday as the company’s amazing resurgence ongoing below the management of CEO Dr Lisa Su. AMD now expects 2020 profits to mature by about 32% relatively than 25%, as opposed to 2019 — a rise of some $440 million as opposed to earlier analyst expectations.

Web earnings meanwhile more than quadrupled yr-on-yr for the quarter, hitting $157 million as opposed to $35 million a yr back. The figures are modest as opposed to

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