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AMD to lay off a 10th of workforce by 2012
Nov 03, 2011 16:57 EDT
(Reuters) - Advanced Micro Devices Inc unveiled a plan on Thursday to save about $200 million of operating costs in 2012 by slashing 10 percent of its global workforce and streamlining internal business processes.
Chipmaker AMD says resolving output problem
Oct 27, 2011 19:15 EDT
(Reuters) - Advanced Micro Devices Inc <AMD.N> forecast higher fourth-quarter revenue as it recovers from a manufacturing setback that has pinched the supply of its new personal computer processors.
Chipmaker AMD says resolving output problem
Oct 27, 2011 19:15 EDT
(Reuters) - Advanced Micro Devices Inc <AMD.N> forecast higher fourth-quarter revenue as it recovers from a manufacturing setback that has pinched the supply of its new personal computer processors.
AMD ends CEO search, hires Lenovo veteran
Aug 25, 2011 09:45 EDT
NEW YORK (Reuters) - Advanced Micro Devices Inc <AMD.N> named Rory Read as its new chief executive on Thursday, hiring the Lenovo Group Ltd <0992.HK> executive after a search that began in January.
Analysis: Aging PC giants see writing on the wall
Jul 22, 2011 14:30 EDT
SAN FRANCISCO (Reuters) - Silicon Valley's old guard is waking up to the fact that the era of consumer PC may be in its twilight, accelerating the need to invest and adapt to rapidly changing tastes.
AMD launches new chips, challenges Intel
Jun 14, 2011 14:24 EDT
SAN FRANCISCO (Reuters) - Advanced Micro Devices, nearing half a year without a chief executive, is launching new processors aimed at mainstream personal computers and challenging rivals Intel and Nvidia.
AMD executives leave in wake of CEO departure
Feb 09, 2011 11:31 EST
SAN FRANCISCO (Reuters) - Two top executives are leaving Advanced Micro Devices following the board's unexpected removal of the chipmaker's CEO last month.
Leadership worries hang over chipmaker AMD
Jan 21, 2011 12:54 EST
SAN FRANCISCO (Reuters) - Concerns about Advanced Micro Devices Inc roll-out of its new PC chips hung over its shares, despite the company's expectations of a better-than-seasonal first quarter.
AMD says focused on chip launch despite CEO departure
Jan 20, 2011 20:17 EST
SAN FRANCISCO (Reuters) - PC chipmaker Advanced Micro Devices Inc reported solid earnings and said there was no strategic shift toward the mobile market following the former CEO's recent departure.
Mobile doubts weigh on chipmakers Intel, AMD
Jan 14, 2011 17:06 EST
SAN FRANCISCO/HELSKINKI (Reuters) - Fears about Intel Corp's absence in tablets and smartphones are overshadowing the chipmaker's strong earnings and reinforcing the impression that the company no longer sets the direction of the tech industry.
Investors bet on Nvidia's new mobile chips
Jan 12, 2011 19:06 EST
SAN FRANCISCO (Reuters) - Nvidia shares soared 15 percent on Wednesday, their biggest one-day rise in over two years, as investors bet the company's new chips would win it a major stake in future tablets and smartphones.
AMD CEO left partly over mobile strategy: source
Jan 12, 2011 01:37 EST
SAN FRANCISCO (Reuters) - The departure of Advanced Micro Devices' chief executive followed months of concern among some board members that he wasn't doing enough to get the chip maker into the exploding mobile market, a company source said.
AMD posts net loss, beats expectations
Oct 14, 2010 19:14 EDT
US computer chip maker Advanced Micro Devices posted a quarterly net loss Thursday but beat the expectations of Wall Street analysts.
Chip maker AMD not for sale, CEO says
Oct 06, 2010 06:52 EDT
BARCELONA (Reuters) - Advanced Micro Devices (AMD) is not for sale, however the chip maker will listen to interesting proposals, its chief executive said when asked about Oracle's recent interest in the sector.
Chip maker AMD not for sale, CEO says
Oct 06, 2010 06:07 EDT
BARCELONA (Reuters) - Advanced Micro Devices is not for sale but the chip maker will listen to interesting proposals, its chief executive said on Wednesday when asked about Oracle's recent interest in the sector.
AMD beats Street view
Jul 15, 2010 19:06 EDT
LOS ANGELES (Reuters) - Chipmaker Advanced Micro Devices Inc <AMD.N> posted better-than-expected results and estimated revenue growth of up to 10 percent in the current quarter on stronger demand for its new notebook chip set.
AMD whittles 2Q loss as chip sales rebound
Jul 15, 2010 18:18 EDT
AMD whittles 2Q loss as chip sales rebound; spinoff investment drags down net. Advanced Micro Devices Inc. shrank its second-quarter loss on reviving sales of computers that use its chips and a wrenching effort to shed costs that's lasted years.
AMD revenue beats Street but shares fall
Apr 15, 2010 20:01 EDT
SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc reported better-than-expected first-quarter revenue as PC and server spending rebounded, but investors cashed out of a rally triggered by stellar Intel Corp results.
AMD scores 1Q profit as PC market strengthens
Apr 15, 2010 18:23 EDT
AMD scores profit on stronger computer market, lift from investment in manufacturing spinoff. Advanced Micro Devices Inc. returned to profitability in the first quarter as the world's No. 2 microprocessor maker benefited from a strengthening computer market.
AMD reduces pay package for CEO by 14 pct. in 2009
Mar 06, 2010 12:46 EST
AMD reduces pay package for its CEO by 14 percent in 2009 to $4.5 million. Advanced Micro Devices Inc., the world's No. 2 maker of computer microprocessors, reduced its CEO's pay package 14 percent last year. The company cut executives' pay in response to falling sales.
