advanced micro devices inc

advanced micro devices inc

AMD Posts Soft Second Quarter; Headwinds Continue

allthingsd.com
Advanced Micro Devices Inc. reported dismal second-quarter results and said the weakness would continue into the current period as the chip maker is hurt by softening consumer demand for PCs, particularly in China and Europe. Demand for semiconductors has been shaky in the past few quarters amid global economic woes,...
AMD Posts Soft Second Quarter; Headwinds Continue

Advanced Micro to Buy Server Start-Up SeaMicro

allthingsd.com
Advanced Micro Devices Inc., vowing to change the game in its longtime competition with Intel Corp., has forged a deal to buy a Silicon Valley start-up that takes the chip maker into the server business. The Sunnyvale, Calif., company said it will pay $334 million for SeaMicro Inc., a company...
Advanced Micro to Buy Server Start-Up SeaMicro

AMD Can't Fire Workers Fast Enough As Costs Spiral Out Control In Cash Crises (AMD)

www.businessinsider.com
Oct. 25 (Bloomberg) -- Advanced Micro Devices Inc., the long-struggling competitor of giant rival Intel Corp., is facing yet another crisis amid a shifting technology landscape and declining demand for personal computers. Chief Executive Officer Rory Read is firing workers to pare expenses as the chipmaker's sales slide. Still, he...
AMD Can't Fire Workers Fast Enough As Costs Spiral Out Control In Cash Crises (AMD)

AMD 4th-Quarter Loss Widens on Soft PC Demand

allthingsd.com
Advanced Micro Devices Inc.’s fourth-quarter loss widened as the chip maker continued to struggle with soft demand for personal computers. For the current quarter, the company expects revenue to decrease roughly 9 percent from the fourth quarter, indicating around $1.05 billion. Analysts polled by Thomson Reuters recently projected revenue of...
AMD 4th-Quarter Loss Widens on Soft PC Demand

AMD Posts $590 Million Loss

allthingsd.com
Advanced Micro Devices Inc. swung to a first-quarter loss as the chip maker continued to bear costs related to its spun-off foundry business, though its core earnings improved. The company has weathered a series of problems lately, particularly chip shortages stemming from manufacturing problems at Globalfoundries, the company formed by...
AMD Posts $590 Million Loss
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