AMD says its going to see a big drop in revenue, shares sink (AMD)

AMD reported earnings after the bell on Tuesday. The company earned an adjusted $0.10  a share on revenue of $1.64, outpacing the $0.08 and $1.51 billion that Wall Street was anticipating.  The company released lower guidance for the fourth quarter, though. "For the fourth quarter of 2017, AMD expects revenue to decrease approximately 15 percent sequentially," the company said in its release. Shares of AMD were down as much as 11% in after-market trading. “Strong customer...