Semiconductors
Looking ahead, AMD said it expects demand for its products to be seasonally strong in the fourth quarter and for sales to increase sequentially. AMD said a seasonal fourth quarter ranges from 6% to 13% sequential growth, with 10% being a likely average.
Analysts polled by Thomson Financial were looking for $1.44 billion in sales, implying 8.2% sequential growth, with 33 cents EPS. The company projected that operating expenses will increase about 10% sequentially, with roughly $700 million in capital expenditures.TheStreet Premium Services
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