AMD reports Q1 revenue down 9% YoY to $5.35B, vs. $5.3B est., a $139M net loss, Client revenue down 65% YoY to $739M, and Q2 revenue guidance below expectations (Kif Leswing/CNBC)

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Kif Leswing / CNBC:
AMD reports Q1 revenue down 9% YoY to $5.35B, vs. $5.3B est., a $139M net loss, Client revenue down 65% YoY to $739M, and Q2 revenue guidance below expectations  —  – AMD’s report comes as the PC industry is in a deep slump, with shipments dropping 30% in the first quarter, according to IDC.

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