Grim tidings abound at AMD this quarter, confirming some of our worst fears and raising serious questions about the company's ability to continue as a going concern. Revenue for the quarter was $1.27 billion, a decrease of 10% sequentially and 25% year-on-year. The company reported a net loss of $157M and has announced a new restructuring...
Sunday, October 21, 2012
AMD Sinking Under Hurricane of Bad News
Grim tidings abound at AMD this quarter, confirming some of our worst fears and raising serious questions about the company's ability to continue as a going concern. Revenue for the quarter was $1.27 billion, a decrease of 10% sequentially and 25% year-on-year. The company reported a net loss of $157M and has announced a new restructuring...
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