Advanced Micro Devices trims 4Q loss but not as sharply as Wall Street hoped.More here: Yahoo! Finance
SAN FRANCISCO (AP) -- Advanced Micro Devices Inc. cut its fourth-quarter loss, but not as sharply as Wall Street had hoped, as the chip maker absorbed a big charge for the falling value of an acquisition.
AMD is suffering, in part, from the same affliction that has caused bigger rival Intel Corp. and software titan Microsoft Corp. to announce layoffs and post steep drops in quarterly profits. Evaporating sales of personal computers have sapped demand for the chips and software that go into those machines...
Wednesday, September 30, 2009
AMD doesn't pare 4Q loss as much as analysts hoped
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