04-01-2019 19:59 via feedproxy.google.com

AMD is facing a 'pretty sizable' earnings mess, analyst says (AMD, NVDA, INTL)

AMD will likely have a "pretty sizable mess" when its fourth-quarter earnings come out on January 29, an analyst said.
The crypto boom in 2017 led chip giants to overproduce graphic processing units for crypto mining, causing an inventory problem when digital currencies crashed in 2018, and AMD has no place to hide, he added.
The inventory problem is visible in the selling prices of AMD's mid-range chip RX 580 on secondary platforms.
Meanwhile, the market has a lot of hope around AMD's cent
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