AMD Shares Plummet As Blockchain-Related Q3 Sales Turn ‘Negligible’12.44

Shares of the American multinational semiconductor company AMD have plummeted amid lackluster sales of blockchain-related products. The firm revealed in its quarterly report that blockchain-related GPU sales were “negligible.”

Per the quarterly report published October 24, AMD has recorded a revenue of $1.65 billion for the third quarter of 2018. This marks a 4 percent increase compared to last year’s results but it’s down 6 percent from the previous quarter.

Original source
https://bitcoinist.com/amd-shares-plummet-as-blockchain-related-q3-sales-were-negligible/

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