In the reporting quarterly conference AMD CEO Lisa Su has repeatedly expressed a timid optimism about improving the situation of the company in the second half this year. Firstly, AMD has already released a new graphics solutions - their appearance on the market, the company attaches to the second half of the year . Second, the time has come for Windows 10, although Lisa Su, expects that the market will react to this event with growing demand for new computers with some delay.
Finally, AMD is not deducted from seasonal increase in demand for video game consoles - in the second half they have traditionally bought better. The implementation of AMD products to manufacturers of finished computers for the corporate sector for some time, too, the company is an important source of revenue, so in this direction Lisa Su there is some reason for optimism for the second half. In any case, this optimism is not strong enough to talk about the significant improvement in the second half - a positive attitude management AMD is clearly not enough to infect investors.AMD's stock price yesterday fell by 10%. One reason for the discrepancy was AMD's own forecast of revenue in the second quarter with analysts' expectations.
The weakening of the euro worsened the performance of the company in Europe, especially in the eastern part.