AMD credits semi-custom chips for game consoles for return to profits in upcoming Q3.
AMD beats expectations, but it is losing money compared to profits a year ago.
Sunnyvale, Calif.-based AMD, the No. 2 maker of PC microprocessors, has had a tough year as it trailed Intel in competitiveness and saw a slowdown in demand as consumers began to favor tablets and smartphones over PCs.
AMD says it gained market share in a part of the U.S. retail laptop chips market.
The bright spot: average microprocessor prices are up.
Devinder Kumar has been at AMD for 28 years and is the acting CFO.
AMD says it is not pursuing a sale of the company or significant assets either.
AMD is teaming up with ARM to deliver 64-bit server chips.
Editor’s Pick This week isn’t just about Apple vs. Microsoft. It’s about where technology is going.
AMD’s CEO Rory Read explains layoffs and the weak PC market.
As warned, AMD’s third quarter financial performance was weak as consumers waited for Windows 8 and the economy weakened.
AMD’s chief financial officer Thomas Seifert has decided to pursue other opportunities.
SalesForce, AT&T, Motorola, and AMD are four tech companies in a group most CEOs would love to belong to, but most public relations departments would hate.
The American taxpayer? She might hate it too.
AMD CEO Rory Read acknowledges AMD did not meet its commitments in the quarter.
AMD reports lackluster second-quarter earnings as PC market slows.
Intel will be a formidable competitor this year as it launches new processors and a huge marketing campaign aimed at driving the adoption of thin and powerful computers known as Ultrabooks.
Advanced Micro Devices said at its analyst meeting today that it will ship its first chips designed to provide the processing and graphics power for tablet computers.
In its first full quarter under a new CEO, Advanced Micro Devices reported solid fourth quarter operating income, but a one-time charge threw it into a loss.
Chipmaker Applied Micro Devices (AMD) announced today it will be laying off 10 percent of its global staff, in addition to all of its contractors, as a part of a “restructuring” plan. If recent staffing numbers are correct, that’s about 1200 jobs.
Advanced Micro Devices announced that Rory Read, former No. 2 executive at Lenovo, will become AMD’s new CEO.