The chip maker’s third-quarter revenue estimates were about a billion dollars less than previously forecast, signalling the chip slump could be much worse than expected.
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AMD forecast third quarter revenue slightly below estimates, a signal of uncertainty that concerned some investors after the company stock made huge gains in July.
AMD has forecast stronger-than-expected full-year and second-quarter revenue, sending its shares higher.
Semiconductor designer AMD said on Tuesday it would buy Xilinx in a US$35-billion all-stock deal, intensifying its battle with Intel in the data centre chip market.
AMD is in advanced discussions to buy Xilinx in a takeover that could be valued at US$30-billion, according to people familiar with the matter.
AMD will license its graphics designs to Samsung for use in smartphones and tablets, taking its technology into a new market and helping differentiate products from the world’s biggest smartphone maker.
Another day. Another record for bitcoin. The most widely used digital currency will now cost you about $6 125 apiece after blowing past the $5 000 and $6 000 price levels for the first time earlier this month. Bitcoin’s total value is
Advanced Micro Devices’ new products, aimed at trying to claw back orders lost to Intel in the market for chips that run PCs, are giving sales a boost – just not one big enough to help profitability and satisfy investors after the stock increased