Advanced Micro Devices, Inc.
News and overview for Advanced Micro Devices, Inc.
Zacks Analyst Blog Highlights: Cisco Systems, Intel Corporation, Dell Inc., Advanced Micro Devices Inc. and Hewlett-Packard [Press Release]
Business Wire | 1 day 13 hours 8 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).
Ruiz stepping down as GlobalFoundries' chairman - MarketWatch
MarketWatch | 5 days 17 hours 1 minute ago
The bull is still very much in charge, but it pays to be cautious, as bargains are getting harder to find, says Barron's Lauren Rublin.
Google, IBM set for late session's center stage - MarketWatch
MarketWatch | 23 days 15 hours 56 minutes ago
Safeway Inc. shares jump after the company posts better-than-expected profit and maintains its full-year forecast. The supermarket sector led gains in consumer-staples stocks. MarketWatch's Andria Cheng reports.
AMD posts narrower quarterly loss - MarketWatch
MarketWatch | 22 days 21 hours 13 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.
New York's Cuomo names Intel in antitrust lawsuit - MarketWatch
MarketWatch | 3 days 17 hours 22 minutes ago
To bolster his case, Cuomo cited internal emails, including one from a Dell communication warning that Intel Chief Executive Paul Otellini and Craig Barrett, then the company's chairman, were "prepared for jihad" if the computer maker uses AMD products.
Thursday's biggest gaining and declining stocks - MarketWatch
MarketWatch | 23 days 23 hours 14 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.
Dell accused of getting $6 billion from secret Intel pact - MarketWatch
MarketWatch | 3 days 8 hours 6 minutes ago
(Updates with comment from AMD. Adds length of the lawsuit.)
AMD names chief financial officer - MarketWatch
MarketWatch | 30 days 21 hours 47 minutes ago
AMD
Semis sink as Morgan Stanley downgrades sector - MarketWatch
MarketWatch | 4 days 19 hours 15 minutes ago
Lipacis wrote that while "the supply chain has remained disciplined, with inventories near lows in days," there are signs that "inventories are creeping up in dollars" and Taiwan notebook manufacturers "saw inventory dollars spike quarter-on-quarter, which raises risk for PC component vendors."
AMD posts narrower third-quarter loss - MarketWatch
MarketWatch | 23 days 14 hours 28 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.
Ruiz to step down as GlobalFoundries chairman - MarketWatch
MarketWatch | 5 days 21 hours 3 minutes ago
AMD
AMD reports a smaller loss - MarketWatch
MarketWatch | 23 days 14 hours 28 minutes ago
AMD
AMD, Google lead early tech rally - MarketWatch
MarketWatch | 26 days 20 hours 26 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."
Intel powers tech rally - MarketWatch
MarketWatch | 24 days 21 hours 8 minutes ago
The Santa Clara, Calif.-based chip behemoth's shares were up more than 2% in early trading.
Chip sales to fall in '09, to grow next year: SIA - MarketWatch
MarketWatch | 2 days 18 hours 6 minutes ago
Global semiconductor sales are on track to reach $219.7 billion in 2009, down 11.6% from 2008, according to a report by the Semiconductor Industry Association.
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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 |