| ID: |
34264 |
| Title: |
Yahoo! News: Earnings News
Yahoo! News
AMD swings to first-quarter loss
(AP)
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| Description: |
Earnings News
AP - Advanced Micro Devices Inc. reported a greater-than-expected loss in the first quarter as the chip maker continued to struggle amid a fierce price competition with larger rival Intel Corp. Despite the miss, AMD's already-depressed stock price surged on signs the price battle is easing and the company is willing to outsource some of its chip-making duties to outside factories to cut costs. |
| Category: |
Business/Company Earnings/ |
| Link Owner: |
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| Date Added: |
April 20, 2007 01:21:21 AM |
| Number Hits: |
0 |
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