AMD said Thursday that it will deliver third quarter revenue of about $1.65 billion and miss Wall Street estimates.
In a statement, AMD said sales will be down 1 percent to 4 percent from the second quarter. AMD cited "weaker than expected demand, particularly in the consumer notebook market in Western Europe and North America."
Wall Street was expecting AMD to deliver earnings of 12 cents a share on revenue of $1.72 billion.
The news isn't all that surprising given that Intel already flagged weak demand and said its results would fall short of prior estimates.