AMD Quarterly Revenue Forecast Down as GPU Crypto Mining Falls-3.17

US semiconductor giant AMD has released its third quarter financial figures citing disappointment at waning crypto mining demand and falling markets.

The company said that its quarterly revenue was up 4% year on year to $1.65 billion for the quarter but fell short of expectations which stood at $1.7 billion. This shortfall it attested to the decline in demand for graphics processors to mine cryptocurrencies;

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