Advanced Micro Devices, Inc.
News and overview for Advanced Micro Devices, Inc.
AMD Introduces ATI Radeon HD 5970: Fastest Graphics Card in the World1 [Press Release]
Business Wire | 5 days 5 hours 2 minutes ago
AMD (NYSE: AMD) today announced the flagship installment in the award-winning line of graphics cards, the ATI Radeon™ HD 5970, the fastest card ever created.1 The new ultra high-end model joins a growing list of the world’s first and only graphics cards to fully support Microsoft DirectX® 11 technology and ATI Eyefinity multi-display technology.
Chip stocks rally on wave of optimism - MarketWatch
MarketWatch | 41 days 17 hours 20 minutes ago
Orji's upgrade of AMD was also based on "attribution of value for GlobalFoundries as we are more convinced of ATIC's commitment." GlobalFoundries is the new company created after AMD spun off its manufacturing facilities in a joint venture with the Advanced Technology Investment Co. (ATIC) and Mubadala Development Co., both of Abu Dhabi.
AMD expected to post another loss - MarketWatch
MarketWatch | 38 days 15 hours 26 minutes ago
The company is expected to post a loss of 42 cents a share on revenue of $1.26 billion, according to Thomson Reuters estimates.
Outlook roundup: AMD sees better gross margin in 2010, Lear expects '09 sales to fall to $9.5B
Orlando Sentinel (Fla.) | 11 days 11 hours 24 minutes ago
Among the earnings projection stories for Wednesday, Nov. 11, from AP Financial News:
IBM, AMD lead tech sector retreat - MarketWatch
MarketWatch | 37 days 19 hours 14 minutes ago
"With the loss situation projected to continue through 2010 despite improved sales and margin estimates, we recommend investors remain on the sidelines with AMD pending evidence of significant improvement in operational performance," Thomas Weisel Partners analyst Kevin Cassidy said in a note. See story on AMD results.
AMD results continue good news for PC industry MarketWatch First Take - MarketWatch
MarketWatch | 38 days 11 hours 56 minutes ago
While that growth was sparse, it was much better than predicted. Worldwide PC shipments totaled 80.9 million units in the third quarter, an increase of 0.5% from the year-ago quarter, according to Gartner's preliminary results. Previously, analysts had expected PC shipments to drop 5.6% in the quarter.
U.S. stocks turn up slightly, led by technology - MarketWatch
MarketWatch | 10 days 18 hours 30 minutes ago
AMD, 3Com gains lead early tech advance
U.S. stock futures point to stronger open - MarketWatch
MarketWatch | 41 days 23 hours 52 minutes ago
S&P 500 futures rose 5.2 points to 1,073.30 and Nasdaq 100 futures rose 7.5 points to 1,733. Futures on the Dow Jones Industrial Average rose 44 points to 9.851.
Intel sparks hope after topping estimates - MarketWatch
MarketWatch | 39 days 21 hours 32 minutes ago
After the bell Tuesday, Intel reported a dip in third-quarter profit, but posted results and a fourth-quarter outlook that exceeded Wall Street expectations. Chief Executive Paul Otellini cited the "momentum in the current economic climate" for paving the way for the Santa Clara, Calif.-based tech behemoth's results.
Tech stocks slide led by IBM, AMD - MarketWatch
MarketWatch | 37 days 20 hours 8 minutes ago
Opening Bell from MarketWatch Radio Network
Tech stocks may be quiet ahead of earnings reports - MarketWatch
MarketWatch | 44 days 14 hours 55 minutes ago
Analysts expect the reports to reflect improvement in the chip sector which hurt during the economic slump. See full story.
Intel results to shed light on tech's trajectory - MarketWatch
MarketWatch | 40 days 16 hours 55 minutes ago
"With the PC-related vendors leading the results, we would expect a generally constructive reception to what we expect to be buoyant third-quarter trends and solid fourth-quarter guidance from Intel post close," Barclays Capital analyst Tim Luke said in a note.
U.S. stock market next turns to technology results - MarketWatch
MarketWatch | 44 days 18 hours 26 minutes ago
"Tech needs to confirm, period," said Marc Pado, U.S. market strategist at Cantor Fitzgerald.
Chip stocks may stay active in evening session - MarketWatch
MarketWatch | 41 days 14 hours 45 minutes ago
Google shares paced gains in the technology sector. Shares got a lift after analysts raised their price estimates for the Internet giant. MarketWatch's Dan Gallagher reports in San Francisco.
Ruiz to step down as GlobalFoundries chairman - MarketWatch
MarketWatch | 20 days 19 hours 58 minutes ago
AMD
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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 |