The CFO did not guide down at a recent technology conference.
The GPU blockchain weakness actually provides a tailwind going forward.
2020 targets of $10.0 billion in sales and $1.75 EPS are doable as average analyst estimates appear more a base case.
A lot is being made of theAMD(AMD) CFO comments at a conference surrounding low revenue numbers while myprevious researchhad generally questioned the company and analyst estimates as being too low. A lot of disconnect exists in regard to the general bullish market expectations and actual estimates.