Chipmaker AMD’s results point to better PC market
SAN FRANCISCO (Reuters) – Chipmaker Advanced Micro Devices forecast revenue above expectations in another sign that PC demand is holding up better than anticipated. Shaky economies in Europe and the unsteady recovery in the United States, a growing consumer preference for tablets, and a recent shortage of hard drives due to flooding in Thailand last year have taken a toll on the PC industry. “There was a decent Q1 number and decent Q2 guidance, and that’s indicative of a rebound in PC builds as hard drives become more available,” said MKM Partners analyst Daniel Berenbaum. . . .
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