Leading computer chip manufacturer, AMD recently announced its “highest profitability” in the past seven years. However, the California-based tech firm also informed its shareholders on Tuesday (January 29th) that it is expecting significantly lower revenue in Q2 2019 - which may partially be attributed to declining sales of GPUs to cryptocurrency miners. Last quarter, AMD generated approximately $1.42 billion in revenue, and earned $6.48 billion during FY 2018. In 2017, AMD’s reported revenue was around $5.25 billion.
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