Advanced Micro Devices, Inc.

News and overview for Advanced Micro Devices, Inc.

Supercomputer makers must deal with power issue Therese Poletti's Tech Tales - MarketWatch
MarketWatch | 7 days 7 hours 12 minutes ago
IBM s Roadrunner supercomputer, the second fastest in the world.


Supercomputer makers must deal with power Therese Poletti's Tech Tales - MarketWatch
MarketWatch | 6 days 13 hours 16 minutes ago
IBM s Roadrunner supercomputer, the second fastest in the world.


Intel, AMD settle disputes; AMD shares soar - MarketWatch
MarketWatch | 11 days 22 hours 43 minutes ago
Under the agreement, Intel has agreed to pay $1.25 billion, and to "abide by a set of business practice provisions," the companies said in a statement.


AMD posts narrower quarterly loss - MarketWatch
MarketWatch | 38 days 23 hours 49 minutes ago
The Sunnyvale, Calif.-based chipmaker reported a loss of $128 million, or 18 cents a share, compared with a loss of $134 million, or 22 cents a share, in the year-earlier period. Revenue fell to $1.4 billion from $1.8 billion.


AMD shares rise on moves to ease debt burden - MarketWatch
MarketWatch | 5 days 22 hours 20 minutes ago
Meanwhile, a Barclays analyst said AMD's next move could likely be to fully spin off GlobalFoundries into an entirely separately entity, paving the way for "a financially sounder AMD Product Co."


Outlook roundup: Advanced Micro Devices, Lear
Richmond Times-Dispatch (Va.) | 12 days 13 hours 19 minutes ago
Among the earnings projection stories for Wednesday, Nov. 11, from AP Financial News:


Thursday's biggest gaining and declining stocks - MarketWatch
MarketWatch | 40 days 1 hour 50 minutes ago
The health of big business -- and the rebound in the stock market -- may be blinding us to just how weak the rest of the economy is.


AMD posts narrower third-quarter loss - MarketWatch
MarketWatch | 39 days 17 hours 4 minutes ago
Shares of the Sunnyvale, Calif.-based chip maker /quotes/comstock/13*!amd/quotes/nls/amd (AMD 6.19, -0.06, -0.96%) gained more than 1% in after-hours trading.


AMD reports a smaller loss - MarketWatch
MarketWatch | 39 days 17 hours 4 minutes ago
AMD


AMD, Google lead early tech rally - MarketWatch
MarketWatch | 42 days 23 hours 2 minutes ago
Analyst Uche Orji said the upgrade was based partly on "improved near term expected growth as our recent checks show that a PC market tailwind is lifting both Intel and AMD."


Zacks Analyst Blog Highlights: Cisco Systems, Intel Corporation, Dell Inc., Advanced Micro Devices Inc. and Hewlett-Packard [Press Release]
Business Wire | 17 days 15 hours 44 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Cisco Systems (Nasdaq: CSCO), Intel Corporation (Nasdaq: INTC), Dell Inc. (Nasdaq: DELL), Advanced Micro Devices Inc. (NYSE: AMD) and Hewlett-Packard (NYSE: HPQ).


Intel-AMD settlement shows rivals need each other - MarketWatch
MarketWatch | 7 days 18 hours 22 minutes ago
"We've put this round behind us," Intel spokesman Chuck Mulloy said in an interview.


Intel powers tech rally - MarketWatch
MarketWatch | 40 days 23 hours 44 minutes ago
The Santa Clara, Calif.-based chip behemoth's shares were up more than 2% in early trading.


Tech stocks edge higher; AMD sinks - MarketWatch
MarketWatch | 10 days 23 hours 3 minutes ago
Retail stocks boosted by J.C. Penney, Abercrombie


EU ombudsman criticizes Intel antitrust probe - MarketWatch
MarketWatch | 5 days 18 hours 18 minutes ago
The ombudsman's criticism centered on a July 2008 complaint filed by Intel that the E.U. Commission "failed to "failed to take minutes of a meeting with a senior Dell executive held on 23 August 2006, even though the meeting directly concerned the subject-matter of the Commission's anti-trust investigation of Intel," the commission said in a statement.





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Company Overview


Company: Advanced Micro Devices, Inc.
Industry: Microprocessors, Microcontrollers & DSPs
Website: http://www.amd.com

Advanced Micro Devices (AMD) made some advances in its battle against Intel but hasn't capitalized on those gains. AMD ranks #2 in PC and server microprocessors, far behind its archrival. Though Intel commands about three-quarters of the world processor market, AMD 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. Hewlett-Packard is AMD's biggest customer, and Chinese OEMs account for more than 40% of the company's sales. In early 2009 AMD split its operations, spinning off a manufacturing venture.


Key Numbers

Sales in U.S. Dollars (mil.) 5,808 (2008)
One-year % Growth in Sales -3.4 (2008)
Net Income in U.S. Dollars (mil.) -3,098 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 14,700 (2008)
One-year % Growth in Number of Employees -10.5 (2008)
Fiscal Year-End December