AMD revenue forecast disappoints on weak console demand
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(Reuters) - Advanced Micro Devices Inc forecast current-quarter revenue below analysts' estimates on Tuesday, as demand wanes from console makers ahead of new launches.Shares of the company fell 3% in extended trading.Analysts had warned that the company would make lesser money from gaming consoles in the first half of 2020, given inventory is drawn down ahead of launches by Sony and Microsoft during the rest of the year.AMD projected first-quarter revenue to be about $1.8 billion (1.4..