$AMD AMD's first-quarter report was largely in-line with expectations, with 23-percent year-over-year revenue declines for the first quarter, in-line second-quarter guidance and reiteration of full-year guidance,analyst Joseph Moore said in a note today. The analyst said he expects AMD's7nm product portfolio to help in the second half, but Morgan Stanley's outlook is below the implied second-half guidance, primarily due to softness in graphics.