AMD falls 9.4% AH after warning its Q3 revenue will increase only 4-6% Q/Q, compared with prior...

AMD falls 9.4% AH after warning its Q3 revenue will increase only 4-6% Q/Q, compared with prior guidance of 8-12%. The company also expects its gross margin to come in at 44-45%, below guidance of 47%. AMD primarily blames the weakness on manufacturing issues related to its 32nm technology. Intel (NASDAQ:INTC) ramped 32nm production in early 2010.