By Noel Randewich SAN FRANCISCO (Reuters) – Advanced Micro Devices Inc posted a net loss for the second quarter and gave a revenue forecast for the current quarter that missed expectations, sending its shares sharply lower. A strong quarterly report this week from Intel Corp underscored expectations on Wall Street that the worst is over […]
Advanced Micro Devices Inc’s first-quarter results beat expectations, sending its shares higher as the chipmaker tries to replace dwindling sales of PC chips with its processors for game consoles. With the PC industry shrinking for eight straight quarter due to consumers’ preferences for tablets and smartphones, AMD is expanding into new markets and aims to […]
(Reuters) – Chipmaker Advanced Micro Devices Inc posted a fourth-quarter profit compared with a year-ago loss, as sales of new gaming consoles offset falling demand for personal computers. Net profit was $89 million, or 12 cents per share, in the quarter ended December 28, compared with a loss of $473 million, or 63 cents per […]
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