SAN FRANCISCO—Advanced Micro Devices Inc. (AMD) Monday (July 9) cut its estimate for second quarter sales, citing lower than expected sales in China and Europe and weaker consumer market for PCs.
AMD (Sunnyvale, Calif.) said it now expects second quarter sales to be about $1.42 billion, down 11 percent from the first quarter. The company previously said it expected sales to be between $1.59 billion and $1.69 billion, flat to up 6 percent compared with the first quarter.
AMD said it expects second quarter gross margin to be approximately in line with prior guidance. Operating expenses for the second quarter are expected to improve and to be approximately 8 percent less than prior guidance of approximately $605 million, due to tightly controlled expenses, AMD said.
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.