U.S. chipmaker Advanced Micro Devices reported a 22 percent fall in quarterly revenue, hurt by continued weak PC and graphic card sales and intense competition from Intel. AMD reported a net loss of $364 million, or 47 cents per share, in the fourth quarter ended Dec 27, compared with a profit of $89 million, or 12 cents per share, a year earlier. Revenue fell to $1.24 billion from 1.59 billion. http://bit.ly/156cAnw http://bit.ly/1fJ5yqZ
AMD Revenue Falls as PC Sales Continue to Fall
U.S. chipmaker Advanced Micro Devices reported a 22 percent fall in quarterly revenue, hurt by continued weak PC and graphic card sales and intense competition from Intel. AMD reported a net loss of $364 million, or 47 cents per share, in the fourth quarter ended Dec 27, compared with a profit of $89 million, or 12 cents per share, a year earlier. Revenue fell to $1.24 billion from 1.59 billion. http://bit.ly/156cAnw http://bit.ly/1fJ5yqZ
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