Advanced Micro Devices, Inc.
News and overview for Advanced Micro Devices, Inc.
AMD Releases the Dragon, Desktop Platform Technology Provides Users with Soaring Performance for Less Than $900 USD [Press Release]
Business Wire | 2 hours 21 minutes ago
Empowering consumers to get elite-level computing performance for under $900 U.S. dollars,2 AMD (NYSE:AMD) today launched “Dragon” platform technology for desktop PCs featuring the new AMD Phenom™ II X4 processor. Even the most demanding users such as enthusiasts and high-end gamers desire affordable systems capable of delivering HD entertainment, graphic-intensive game play at the highest settings their monitors can handle, as well as quick and easy transfer of video entertainment to and fro...
Advanced Micro Devices adds 100 to layoff plan
Boston Globe, The | 9 days 5 hours 24 minutes ago
SUNNYVALE, Calif.—Chip maker Advanced Micro Devices Inc. added 100 employees to its cost reduction plan, raising to 600 the number of workers it notified of termination in the fourth quarter, the company said Monday.
Committee on Foreign Investment in the United States (CFIUS) Clears Path for Creation of The Foundry Company [Press Release]
Business Wire | 1 day 9 hours 47 minutes ago
AMD (NYSE: AMD) and the Advanced Technology Investment Company (ATIC) announced today that they had obtained clearance from the Committee on Foreign Investment in the United States ("CFIUS") regarding the creation of The Foundry Company, their leading-edge semiconductor manufacturing joint venture. CFIUS also has determined that the proposed additional investment in AMD by Mubadala is not a covered transaction subject to CFIUS review.
High-Tech Companies Take Up Netbooks
Wall Street Journal, The | 2 days 1 hour 55 minutes ago
A new breed of low-priced laptops called netbooks have been thriving during the downturn -- so well, in fact, that many high-tech companies are scrambling to adapt.The responses by these high-tech companies will be a hot topic at this week's Consumer Electronics Show. They include not only new netbooks -- which typically cost $300 to $500, and often use Intel Corp.'s Atom chip -- but products that address shortcomings of the new category and other portable PCs.
A.M.D. Warns of 25 Percent Drop in 4Q Sales - NYTimes.com
New York Times, The | 34 days 14 hours 44 minutes ago
Filed at 10:32 a.m. ET SUNNYVALE, Calif. (AP) -- Chip maker Advanced Micro Devices Inc. warned Thursday its fourth-quarter revenue will drop about 25 percent from third-quarter levels due to weaker-than-expected demand, particularly in the consumer market.
AMD warns of 25 percent drop in 4th-quarter sales due to weaker-than-expected demand -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 34 days 14 hours 16 minutes ago
SUNNYVALE, Calif. (AP) — Chip maker Advanced Micro Devices Inc. warned Thursday its fourth-quarter revenue will drop about 25 percent from third-quarter levels due to weaker-than-expected demand, particularly in the consumer market.
Schaeffer's Early Edge: Advanced Micro Devices, NIKE, MEMC Electronic Materials, and Nokia [Press Release]
Business Wire | 20 days 16 hours 10 minutes ago
Today's Early Edge includes a downgrade for Advanced Micro Devices, Inc. (AMD), a positive earnings surprise from NIKE, Inc. (NKE), yet another slashed revenue forecast from MEMC Electronic Materials, Inc. (WFR), and some downbeat analyst comments for Nokia Corporation (NYSE: NOK). Read on to learn more about today's stocks on the move.
AMD Delivers Groundbreaking Platform for Ultrathin Notebooks [Press Release]
Business Wire | 2 days 2 hours 52 minutes ago
AMD (NYSE: AMD) today announced the availability of the AMD platform for ultrathin notebooks, enabling exceedingly thin and light OEM designs with rich entertainment capabilities at an affordable price. Previously codenamed “Yukon,” the platform is based on the new AMD Athlon™ Neo processor, ATI RadeonTM X1250 integrated graphics and optional ATI Mobility Radeon™ HD 3410 discrete graphics2 and brings true HD entertainment1 to a new category of stylish notebook PCs. The AMD platform debuts wit...
Research and Markets: Advanced Micro Devices, Inc. - Company PicShot Features A Detailed View Of The Company's Major Products & Services [Press Release]
Business Wire | 37 days 14 hours 56 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/c86c70/advanced_micro_dev) has announced the addition of the "Advanced Micro Devices, Inc. - Company PicShot" company profile to their offering.
Intel Slashes Sales Estimate
Wall Street Journal, The | 14 hours 14 minutes ago
Intel Corp. issued a second warning about business conditions in the fourth quarter, a sign that computer demand is sinking so fast that accurate forecasting is difficult.The big chip maker said it now expects to report $8.2 billion in revenue for the quarter -- a 20% drop from the third period, after issuing a forecast Nov. 12 that pointed to a decline of about 12%. Fourth-quarter results are traditionally the strongest for the semiconductor industry, and Intel had projected in mid-October t...
AMD to Receive Less in Venture
Wall Street Journal, The | 30 days 1 hour 2 minutes ago
Advanced Micro Devices Inc. will get a smaller stake in a planned manufacturing joint venture and an investment from Abu Dhabi's Mubadala Development Co. will result in less cash for the money-losing chip maker.The value of AMD assets being contributed to the joint venture with Abu Dhabi investment entities has been cut, reducing AMD's stake in the venture to 34% from the 44% set when the venture was announced two months ago.
Sun Micro layoffs lead to broad tech losses - MarketWatch
MarketWatch | 54 days 9 hours 21 minutes ago
SAN FRANCISCO (MarketWatch) -- Technology stocks failed to gather any positive momentum Friday after Sun Microsystems Inc. announced plans to lay off as many as 6,000 workers in a cost-cutting move to help deal with the slowing economy.
AMD and ATI Enter into MPEG LA s MPEG-2 License [Press Release]
Business Wire | 34 days 9 hours 28 minutes ago
MPEG LA, LLC today announced that Advanced Micro Devices, Inc. and ATI Technologies, Inc. have entered into the MPEG-2 Patent Portfolio License offered by MPEG LA. As a result of this agreement, several companies that license their essential MPEG-2 patents through MPEG LA will withdraw a patent enforcement action pending before the U.S. District Court for the Southern District of New York.
Striking New HP Consumer PCs Combine Performance, Entertainment and Design [Press Release]
Business Wire | 2 days 2 hours 51 minutes ago
HP (NYSE:HPQ) today announced two new thin and light ultra-portable notebook PCs – the HP Pavilion dv2 and HP Pavilion dv3 – plus the HP Firebird with Voodoo DNA, an innovative, high-performance desktop PC.
Chip shares fall as sector trades mixed - MarketWatch
MarketWatch | 20 days 14 hours 57 minutes ago
SAN FRANCISCO (MarketWatch) -- Technology stocks were mixed in Thursday morning trading as investors appeared to search for direction amid lingering uncertainty in the broader economy.
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Company Overview
| Company: | Advanced Micro Devices, Inc. |
|---|---|
| Industry: | Microprocessors, Microcontrollers & DSPs |
| Website: | http://www.amd.com |
Advanced Micro Devices (AMD) has made some advances in its battle against Intel. AMD ranks #2 in PC and server microprocessors, far behind its archrival. Though Intel commands about three-quarters of the world processor market, AMD has at times eroded that market share thanks to the popularity of its Athlon and Opteron processor families. The company also makes embedded processors and other chips for communications and networking applications. AMD spun off its flash memory device business into another company, Spansion. Hewlett-Packard is AMD's biggest customer and Chinese OEMs account for about 40% of the company's sales. AMD plans to split its operations, spinning off a manufacturing venture.
Key Numbers
| Sales in U.S. Dollars (mil.) | 6,013 (2007) |
|---|---|
| One-year % Growth in Sales | 6.4 (2007) |
| Net Income in U.S. Dollars (mil.) | -3,379 (2007) |
| One-year % Growth in Net Income | 0.0 (2007) |
| Number of Employees | 16,420 (2007) |
| One-year % Growth in Number of Employees | -0.5 (2007) |
| Fiscal Year-End | December |