Advanced Micro Devices Inc. sees a better second half of the year ahead, but analysts aren’t all sold on management’s outlook.
Shares of the chipmaker AMD were sliding more than 7% in Wednesday’s premarket trading after AMD posted declining margins for its latest quarter and issued a downbeat outlook for the current one, all while indicating that trends in the second half of the year would improve. The term “second half” came up 36 times on AMD’s call, between management commentary and analyst questions.
…
