Advanced Micro Devices probably will be fine. Its stock may not be for a while. The chip maker managed to boost revenue by 18% year over year in the seasonally weak first quarter. That was helped by a new chip called Ryzen designed for high-performance personal computers. Ryzen sales began late in the quarter, yet the chip still managed to help boost sales in AMD’s computing and graphics division to $593 million—up 29% year over...
Source: Wall Street Journal May 01, 2017 21:56 UTC