Sunnyvale's AMD To Cut Nearly 1,800 JobsChipmaker Advanced Micro Devices Inc. has said it will cut nearly 1,800 jobs, about 15 percent of its workforce, by the end of the year in order to reduce spending in the face of dwindling sales.
AMD Cutting 1,400 Workers As PC Industry Stumbles Advanced Micro Devices is cutting some 1,400 workers as a weak computer market and manufacturing delays have hurt the world’s second-biggest maker of microprocessors for PCs.
AMD Beats 2Q Earnings Expectations On New Chip Sales
AMD Profit Spikes In 1st Quarter Despite Price DropAdvanced Micro Devices Inc. said its net income nearly doubled in the first quarter as the computer industry benefits from strong corporate demand.
AMD Tops Estimates With 4th Quarter ResultsAdvanced Micro Devices is reporting that its fourth-quarter profit shrunk from a year ago, when a big legal settlement against archrival Intel pumped up earnings.
CEO Of AMD Resigns As Company Seeks GrowthThe chief executive of chip-maker Advanced Micro Devices Inc. resigned Monday, citing the opportunity to increase share value and grow the company.
AMD Narrows Loss, But Spinoff Weighs On Chip MakerAdvanced Micro Devices Inc. narrowed its third-quarter loss slightly, as the chip maker's remaining stake in factories it spun off last year dragged down the results.
AMD Cuts 3rd Quarter Outlook Amid Sagging PC SalesAdvanced Micro Devices has cut its third-quarter outlook. The world’s second-biggest maker of personal computer processors announced Thursday it expects revenue to fall 1 percent to 4 percent from the second quarter’s $1.65 billion.